£556,604
This estimated value is based upon the latest sale price for the house of £525,000 on 21 Jan 2022. 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 |
|---|---|
| £525,000 | 21 Jan 2022 |
| £525,000 | 22 Jul 2016 |
| Flats/Maisonettes |
| Leasehold |
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 2022 the House Price Index for GREATER LONDON was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £525,000 results in an estimated price of approximately £556,604.
| 21 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £525,000 | £31,604 | £556,604 |
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 | 15.776 % | £82,825 | £607,825 |
| 3 Month Average | -35.511 % | £-186,430 | £338,569 |
| 6 Month Average | -18.613 % | £-97,718 | £427,281 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £292,423 | £285,000 | FLAT 19 ARCHERS LODGE, 17 CULLODEN CLOSE |
| 15 Aug 2023 | £285,143 | £280,000 | 9 CHEVRON APARTMENTS, 294 ST JAMES'S ROAD |
| 9 Jun 2023 | £183,681 | £180,000 | FLAT 9 WETTON HOUSE, 278 ST JAMES'S ROAD |
| 9 Jun 2023 | £214,294 | £210,000 | FLAT 8 WETTON HOUSE, 278 ST JAMES'S ROAD |
| 9 Jun 2023 | £147,965 | £145,000 | FLAT 11 WETTON HOUSE, 278 ST JAMES'S ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near St James'S Road |
| Sep 2024 | Robbery | Unable to prosecute suspect | On or near St James'S Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St James'S Road |
| Aug 2024 | Other theft | Under investigation | On or near St James'S Road |
| Sep 2024 | Vehicle crime | Under investigation | On or near Catlin Street |