£262,132
This estimated value is based upon the latest sale price for the house of £210,000 on 27 Apr 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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17 East Street, Barking, IG11 8ER
Phone: 02080220120
| Price Paid | Date |
|---|---|
| £210,000 | 27 Apr 2018 |
| £112,000 | 12 Jul 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 April 2018 the House Price Index for GREATER LONDON was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £210,000 results in an estimated price of approximately £262,132.
| 27 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £210,000 | £52,132 | £262,132 |
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 | 5.247 % | £11,017 | £221,017 |
| 3 Month Average | -17.231 % | £-36,185 | £173,814 |
| 6 Month Average | 4.344 % | £9,121 | £219,121 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £263,367 | £260,000 | 29 ADELIZA CLOSE |
| 28 Oct 2022 | £230,518 | £233,000 | 26 CUTHBERGA CLOSE |
| 28 Jan 2022 | £231,530 | £220,000 | 102 LONDON ROAD |
| 16 Nov 2021 | £151,412 | £140,000 | 99 GOWER HOUSE NORTH STREET |
| 11 Oct 2021 | £315,346 | £285,000 | FLAT 21 BOWER HOUSE WHITING AVENUE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 8 Feb 2018. Using an estimated price of £262,133 means this house is valued at £4,945 per sq meter (£459 per sq foot).
The average size of a house on NORTH STREET is 61 sq meters (661 sq feet).