£980,484
This estimated value is based upon the latest sale price for the house of £160,000 on 2 Aug 2024. 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 |
|---|---|
| £160,000 | 2 Aug 2024 |
| 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 August 2024 the House Price Index for GREATER LONDON was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £160,000 results in an estimated price of approximately £980,484.
| 2 Aug 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £160,000 | £820,484 | £980,484 |
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 | 2.416 % | £3,866 | £163,866 |
| 3 Month Average | 9.840 % | £15,744 | £175,744 |
| 6 Month Average | 6.955 % | £11,127 | £171,127 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2024 | £160,000 | £160,000 | FLAT 19 EYOT HOUSE MARINE STREET |
| 21 Mar 2024 | £127,966 | £126,000 | 56 PROSPECT HOUSE SUN PASSAGE |
| 21 Dec 2023 | £453,949 | £440,000 | FLAT 52 EYOT HOUSE MARINE STREET |
| 8 Dec 2023 | £133,090 | £129,000 | FLAT 43 EYOT HOUSE MARINE STREET |
| 27 Oct 2023 | £175,997 | £172,000 | FLAT 20 EYOT HOUSE MARINE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Robbery | Investigation complete; no suspect identified | On or near Frean Street |
| Oct 2024 | Robbery | Under investigation | On or near Frean Street |
| Oct 2024 | Anti-social behaviour | On or near Frean Street | |
| Oct 2024 | Anti-social behaviour | On or near Old Jamaica Road | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Old Jamaica Road |