£946,999
This estimated value is based upon the latest sale price for the house of £700,000 on 27 May 2016. 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 |
|---|---|
| £700,000 | 27 May 2016 |
| £387,100 | 11 Dec 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 May 2016 the House Price Index for GREATER LONDON was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £700,000 results in an estimated price of approximately £946,999.
| 27 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £700,000 | £246,999 | £946,999 |
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 | -5.189 % | £-36,323 | £663,676 |
| 3 Month Average | 7.979 % | £55,849 | £755,849 |
| 6 Month Average | 11.049 % | £77,343 | £777,343 |
| 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 |
| 8 Dec 2023 | £133,090 | £129,000 | FLAT 43 EYOT HOUSE MARINE STREET |
| 13 Nov 2023 | £112,865 | £110,000 | 1 HICKS HOUSE FREAN STREET |
| 20 Oct 2023 | £409,296 | £400,000 | 74 PROSPECT HOUSE SUN PASSAGE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 9 Jul 2019. Using an estimated price of £946,999 means this house is valued at £13,724 per sq meter (£1,275 per sq foot).
The average size of a house on FREAN STREET is 58 sq meters (631 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Supermarket | |
| Oct 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Supermarket |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Supermarket |
| Oct 2024 | Public order | Under investigation | On or near Supermarket |