£317,676
This estimated value is based upon the latest sale price for the house of £168,500 on 24 Sep 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Weald Close
More crime details
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189 Southwark Park Road, SE16 3TX
Phone: 02036411684
| Price Paid | Date |
|---|---|
| £168,500 | 24 Sep 2004 |
| £130,000 | 29 Jun 2001 |
| 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 September 2004 the House Price Index for GREATER LONDON was 77.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 88.532%.Applying this 88.532% change to the original purchase price of £168,500 results in an estimated price of approximately £317,676.
| 24 Sep 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 146.7 | 88.532 % | £168,500 | £149,176 | £317,676 |
The Postcode Pricing Model uses changes in average sales price within the SE16 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 | 105.266 % | £177,373 | £345,873 |
| 3 Month Average | 131.391 % | £221,393 | £389,893 |
| 6 Month Average | 116.615 % | £196,496 | £364,996 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Weald Close |
| Jan 2024 | Vehicle crime | Under investigation | On or near Stubbs Drive |
| Jan 2024 | Other theft | Under investigation | On or near Stubbs Drive |
| Dec 2023 | Drugs | Under investigation | On or near Masters Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sheppard Drive |