£151,411
This estimated value is based upon the latest sale price for the house of £140,000 on 16 Nov 2021. 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 |
|---|---|
| £140,000 | 16 Nov 2021 |
| £120,000 | 14 Feb 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 2021 the House Price Index for GREATER LONDON was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £140,000 results in an estimated price of approximately £151,411.
| 16 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £140,000 | £11,411 | £151,411 |
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 | -10.602 % | £-14,842 | £125,157 |
| 3 Month Average | -23.099 % | £-32,338 | £107,661 |
| 6 Month Average | 9.941 % | £13,917 | £153,917 |
| 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 46 sq meters or 495 sq feet when measured on 24 Feb 2015. Using an estimated price of £151,412 means this house is valued at £3,291 per sq meter (£305 per sq foot).
The average size of a house on NORTH STREET is 61 sq meters (661 sq feet).