£326,310
This estimated value is based upon the latest sale price for the house of £260,000 on 31 Jan 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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74 Station Parade, Barking, IG11 8EA
Phone: 02034630145
| Price Paid | Date |
|---|---|
| £260,000 | 31 Jan 2018 |
| £195,000 | 31 Mar 2008 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £260,000 results in an estimated price of approximately £326,310.
| 31 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £260,000 | £66,310 | £326,310 |
The Postcode Pricing Model uses changes in average sales price within the IG11 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 | 1.384 % | £3,597 | £263,597 |
| 3 Month Average | -5.352 % | £-13,914 | £246,085 |
| 6 Month Average | 12.902 % | £33,546 | £293,546 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Mar 2023 | £291,749 | £289,000 | 106 KING EDWARDS ROAD |
| 26 Jan 2023 | £204,039 | £205,000 | 32 KING EDWARDS ROAD |
| 26 Jul 2022 | £265,715 | £265,000 | 19 HOWARD COURT HOWARD ROAD |
| 1 Apr 2022 | £234,279 | £227,500 | 176 MORLEY ROAD |
| 25 Feb 2022 | £212,885 | £203,000 | 73 WESTBURY ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 26 Oct 2021. Using an estimated price of £326,311 means this house is valued at £6,042 per sq meter (£561 per sq foot).
The average size of a house on MORLEY ROAD is 81 sq meters (876 sq feet).