£463,224
This estimated value is based upon the latest sale price for the house of £249,900 on 3 Jun 2009. 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 |
|---|---|
| £249,900 | 3 Jun 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 June 2009 the House Price Index for GREATER LONDON was 80.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.364%.Applying this 85.364% change to the original purchase price of £249,900 results in an estimated price of approximately £463,224.
| 3 Jun 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 149.7 | 85.364 % | £249,900 | £213,324 | £463,224 |
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 | 100.158 % | £250,296 | £500,196 |
| 3 Month Average | 94.301 % | £235,659 | £485,559 |
| 6 Month Average | 89.104 % | £222,671 | £472,571 |
| 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 48 sq meters or 516 sq feet when measured on 29 Jul 2019. Using an estimated price of £463,225 means this house is valued at £9,650 per sq meter (£896 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 |