£125,618
This estimated value is based upon the latest sale price for the house of £80,000 on 29 Jan 2008. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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189 Southwark Park Road, SE16 3TX
Phone: 02036411684
| Price Paid | Date |
|---|---|
| £80,000 | 29 Jan 2008 |
| £12,000 | 14 Nov 1996 |
| £12,000 | 14 Nov 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 35 sq meters or 376 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in January 2008 the House Price Index for GREATER LONDON was 95.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.023%.Applying this 57.023% change to the original purchase price of £80,000 results in an estimated price of approximately £125,618.
| 29 Jan 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.3 | 149.7 | 57.023 % | £80,000 | £45,618 | £125,618 |
The Postcode Pricing Model uses changes in average sales price within the SE1 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 64.940 % | £51,951 | £131,951 |
| 3 Month Average | 48.471 % | £38,776 | £118,776 |
| 6 Month Average | 54.914 % | £43,930 | £123,930 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £238,667 | £235,000 | FLAT 27 EAST POINT AVONDALE SQUARE |
| 26 Oct 2023 | £383,715 | £375,000 | FLAT 19 LONGLAND COURT ROLLS ROAD |
| 31 Aug 2023 | £178,214 | £175,000 | FLAT 25 WEST POINT AVONDALE SQUARE |
| 23 Jun 2023 | £206,641 | £202,500 | FLAT 40 PROCTER HOUSE AVONDALE SQUARE |
| 21 Apr 2023 | £264,956 | £260,000 | FLAT 42 PROCTER HOUSE AVONDALE SQUARE |
This house has a floor area of 35 sq meters or 376 sq feet when measured on 11 Mar 2014. Using an estimated price of £125,619 means this house is valued at £3,589 per sq meter (£333 per sq foot).
The average size of a house on AVONDALE SQUARE is 58 sq meters (629 sq feet).