£464,102
This estimated value is based upon the latest sale price for the house of £430,000 on 9 Dec 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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75a Barking Road, Canning Town, London,, E16 4HB
Phone: 02036411886
Price Paid | Date |
---|---|
£430,000 | 9 Dec 2021 |
£330,000 | 6 Apr 2017 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 December 2021 the House Price Index for GREATER LONDON was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £430,000 results in an estimated price of approximately £464,102.
9 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 149.7 | 7.931 % | £430,000 | £34,102 | £464,102 |
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 | -2.537 % | £-10,907 | £419,092 |
3 Month Average | -5.022 % | £-21,595 | £408,404 |
6 Month Average | 2.122 % | £9,125 | £439,125 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jun 2024 | £465,000 | £465,000 | 58 ADDINGTON ROAD |
10 May 2024 | £377,000 | £377,000 | 27 DURHAM ROAD |
13 Dec 2023 | £386,888 | £375,000 | 61 STAR LANE |
13 Oct 2023 | £419,528 | £410,000 | 50 DESFORD ROAD |
6 Oct 2023 | £424,645 | £415,000 | 28 DURHAM ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 15 Dec 2016. Using an estimated price of £464,102 means this house is valued at £6,271 per sq meter (£582 per sq foot).
The average size of a house on STAR LANE is 84 sq meters (910 sq feet).