£353,606
This estimated value is based upon the latest sale price for the house of £279,679 on 8 Jan 2018. 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 |
|---|---|
| £279,679 | 8 Jan 2018 |
| £264,927 | 10 Feb 2017 |
| Freehold |
| Floor Area: 90 sq meters or 968 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 January 2018 the House Price Index for GREATER LONDON was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £279,679 results in an estimated price of approximately £353,606.
| 8 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £279,679 | £73,927 | £353,606 |
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 | -14.329 % | £-40,076 | £239,602 |
| 3 Month Average | -6.055 % | £-16,935 | £262,743 |
| 6 Month Average | 5.959 % | £16,665 | £296,344 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2024 | £373,000 | £373,000 | FLAT 3 549 OLD KENT ROAD |
| 21 Dec 2023 | £279,591 | £271,000 | FLAT 5 VANTAGE COURT, 551 OLD KENT ROAD |
| 24 Nov 2023 | £256,511 | £250,000 | FLAT 5 545 OLD KENT ROAD |
| 14 Aug 2023 | £311,875 | £306,250 | FLAT 3 VANTAGE COURT, 551 OLD KENT ROAD |
| 9 Jun 2023 | £147,965 | £145,000 | FLAT 10 WETTON HOUSE, 278 ST JAMES'S ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 14 Nov 2016. Using an estimated price of £353,607 means this house is valued at £3,928 per sq meter (£365 per sq foot).
The average size of a house on OLD KENT ROAD is 61 sq meters (657 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Theft from the person | Under investigation | On or near Nightclub |
| Oct 2024 | Other theft | Under investigation | On or near Nightclub |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Nightclub |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nightclub |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Nightclub |