£400,840
This estimated value is based upon the latest sale price for the house of £179,000 on 2 Oct 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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223 Barking Road, Newham, E6 1LB
Phone: 02080339367
Price Paid | Date |
---|---|
£179,000 | 2 Oct 2003 |
Terraced |
Freehold |
Floor Area: 111 sq meters or 1,194 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 October 2003 the House Price Index for GREATER LONDON was 66.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 123.933%.Applying this 123.933% change to the original purchase price of £179,000 results in an estimated price of approximately £400,840.
2 Oct 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
66.4 | 148.6 | 123.933 % | £179,000 | £221,840 | £400,840 |
The Postcode Pricing Model uses changes in average sales price within the E6 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 | 150.105 % | £268,688 | £447,688 |
3 Month Average | 139.140 % | £249,060 | £428,060 |
6 Month Average | 135.936 % | £243,324 | £422,324 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Aug 2023 | £509,457 | £505,000 | 29 KIMBERLEY AVENUE |
5 Apr 2022 | £422,218 | £410,000 | 51 KIMBERLEY AVENUE |
9 Dec 2021 | £466,049 | £435,000 | 23 KIMBERLEY AVENUE |
14 Jun 2021 | £531,098 | £495,000 | 51 LADYSMITH AVENUE |
12 Mar 2021 | £523,161 | £470,000 | 36 GILLETT AVENUE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 12 Apr 2016. Using an estimated price of £400,841 means this house is valued at £3,611 per sq meter (£335 per sq foot).
The average size of a house on LADYSMITH AVENUE is 92 sq meters (995 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Ladysmith Avenue |