£9,811,565
This estimated value is based upon the latest sale price for the house of £8,000,000 on 8 Nov 2019. 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 |
|---|---|
| £8,000,000 | 8 Nov 2019 |
| £2,800,000 | 29 Apr 2015 |
| 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 November 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £8,000,000 results in an estimated price of approximately £9,811,565.
| 8 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £8,000,000 | £1,811,565 | £9,811,565 |
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 | 1.052 % | £84,158 | £8,084,158 |
| 3 Month Average | 10.879 % | £870,332 | £8,870,332 |
| 6 Month Average | 10.049 % | £803,893 | £8,803,893 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £1,058,521 | £1,040,000 | BERMONDSEY CHRISTIAN CENTRE, 45 STRATHNAIRN STREET |
| 27 Jul 2023 | £380,116 | £375,000 | 35 DRAPPERS WAY |
| 6 Apr 2023 | £732,891 | £725,000 | 38 ALEXIS STREET |
| 2 Mar 2023 | £504,755 | £500,000 | 37 STRATHNAIRN STREET |
| 28 Feb 2023 | £779,475 | £780,000 | 40 ALEXIS STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Southwark Park Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Southwark Park Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near St James'S Road |
| Mar 2024 | Theft from the person | Under investigation | On or near St James'S Road |
| Mar 2024 | Theft from the person | Under investigation | On or near St James'S Road |