£287,326
This estimated value is based upon the latest sale price for the house of £62,000 on 18 Nov 1998. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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265 Barking Road, Canning Town, London, E13 8EQ
Phone: 02081151321
Price Paid | Date |
---|---|
£62,000 | 18 Nov 1998 |
£50,000 | 29 Nov 1996 |
Terraced |
Freehold |
Floor Area: 106 sq meters or 1,140 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 November 1998 the House Price Index for GREATER LONDON was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.431%.Applying this 363.431% change to the original purchase price of £62,000 results in an estimated price of approximately £287,326.
18 Nov 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.1 | 148.6 | 363.431 % | £62,000 | £225,326 | £287,326 |
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 | 454.827 % | £281,992 | £343,992 |
3 Month Average | 421.028 % | £261,037 | £323,037 |
6 Month Average | 352.365 % | £218,466 | £280,466 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Aug 2023 | £413,618 | £410,000 | 73 BRAEMAR ROAD |
23 Aug 2022 | £359,034 | £360,000 | 156 TRINITY GARDENS |
13 Sep 2021 | £347,524 | £322,500 | 104 TRINITY GARDENS |
28 Jun 2021 | £443,118 | £413,000 | 249 NEWHAVEN LANE |
27 Aug 2020 | £461,640 | £385,000 | 20 BRAEMAR ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 6 Jun 2017. Using an estimated price of £287,327 means this house is valued at £2,710 per sq meter (£251 per sq foot).
The average size of a house on NEWHAVEN LANE is 91 sq meters (983 sq feet).