£304,247
This estimated value is based upon the latest sale price for the house of £127,511 on 14 May 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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272 Barking Road, London, E13 8HR
Phone: 02081281939
Price Paid | Date |
---|---|
£127,511 | 14 May 2003 |
£61,995 | 9 Jun 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 61 sq meters or 656 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 2003 the House Price Index for GREATER LONDON was 62.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 138.605%.Applying this 138.605% change to the original purchase price of £127,511 results in an estimated price of approximately £304,247.
14 May 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
62.7 | 149.7 | 138.605 % | £127,511 | £176,736 | £304,247 |
The Postcode Pricing Model uses changes in average sales price within the E16 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 | 149.025 % | £190,023 | £317,534 |
3 Month Average | 85.192 % | £108,629 | £236,140 |
6 Month Average | 99.560 % | £126,949 | £254,460 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £300,000 | £300,000 | 70 LING ROAD |
19 Apr 2024 | £215,875 | £214,000 | 88 LING ROAD |
27 Mar 2023 | £386,454 | £380,000 | 87 LING ROAD |
18 Jul 2022 | £237,379 | £235,000 | 69 CAMBUS ROAD |
6 Apr 2022 | £316,414 | £305,000 | 89 CAMBUS ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 16 Dec 2015. Using an estimated price of £304,248 means this house is valued at £4,987 per sq meter (£463 per sq foot).
The average size of a house on LING ROAD is 60 sq meters (648 sq feet).