£676,173
This estimated value is based upon the latest sale price for the house of £521,675 on 24 Mar 2017. 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 |
---|---|
£521,675 | 24 Mar 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 731 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 March 2017 the House Price Index for GREATER LONDON was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £521,675 results in an estimated price of approximately £676,173.
24 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.6 | 148.6 | 29.616 % | £521,675 | £154,498 | £676,173 |
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 | -8.059 % | £-42,044 | £479,630 |
3 Month Average | -1.862 % | £-9,714 | £511,960 |
6 Month Average | -12.255 % | £-63,932 | £457,742 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Jun 2023 | £182,207 | £180,000 | FLAT 9 WETTON HOUSE, 278 ST JAMES'S ROAD |
9 Jun 2023 | £212,575 | £210,000 | FLAT 8 WETTON HOUSE, 278 ST JAMES'S ROAD |
9 Jun 2023 | £146,778 | £145,000 | FLAT 10 WETTON HOUSE, 278 ST JAMES'S ROAD |
9 Jun 2023 | £146,778 | £145,000 | FLAT 11 WETTON HOUSE, 278 ST JAMES'S ROAD |
13 Apr 2023 | £240,085 | £237,500 | FLAT 34 TOVY HOUSE AVONDALE SQUARE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 25 Jul 2016. Using an estimated price of £676,174 means this house is valued at £9,943 per sq meter (£923 per sq foot).
The average size of a house on OLD KENT ROAD is 61 sq meters (657 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Under investigation | On or near Nightclub |
Mar 2024 | Public order | Under investigation | On or near Nightclub |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nightclub |
Mar 2024 | Other theft | Under investigation | On or near Ainsdale Drive |