£730,988
This estimated value is based upon the latest sale price for the house of £545,000 on 26 Aug 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit G2, 776-778 Barking Road, London, E13 9PJ
Phone: 02080334700
Price Paid | Date |
---|---|
£545,000 | 26 Aug 2016 |
£310,000 | 23 Jul 2015 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 800 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 August 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £545,000 results in an estimated price of approximately £730,988.
26 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.126 % | £545,000 | £185,988 | £730,988 |
The Postcode Pricing Model uses changes in average sales price within the E13 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 | -30.215 % | £-164,669 | £380,330 |
3 Month Average | -7.777 % | £-42,386 | £502,613 |
6 Month Average | 14.832 % | £80,835 | £625,835 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Jul 2022 | £466,676 | £462,000 | 5 PERTH ROAD |
27 Apr 2022 | £446,091 | £430,000 | 19 STIRLING ROAD |
26 Nov 2021 | £398,764 | £366,000 | 39 STIRLING ROAD |
28 Jun 2021 | £421,538 | £390,000 | 35 STIRLING ROAD |
25 May 2021 | £517,973 | £455,000 | 52 DUNDEE ROAD |
This house has a floor area of 74 sq meters or 800 sq feet when measured on 29 Sep 2008. Using an estimated price of £730,988 means this house is valued at £9,830 per sq meter (£913 per sq foot).
The average size of a house on DUNDEE ROAD is 91 sq meters (980 sq feet).