£345,374
This estimated value is based upon the latest sale price for the house of £124,995 on 30 Aug 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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APG House, 4 Thames Road, Barking, IG11 0HZ
Phone: 02080333631
| Price Paid | Date |
|---|---|
| £124,995 | 30 Aug 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 2002 the House Price Index for GREATER LONDON was 54.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 176.311%.Applying this 176.311% change to the original purchase price of £124,995 results in an estimated price of approximately £345,374.
| 30 Aug 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 149.7 | 176.311 % | £124,995 | £220,379 | £345,374 |
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 | 126.908 % | £158,628 | £283,623 |
| 3 Month Average | 156.450 % | £195,554 | £320,549 |
| 6 Month Average | 167.977 % | £209,963 | £334,958 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jan 2023 | £270,723 | £270,000 | FLAT 12 VICTORY COURT ATLANTIS CLOSE |
| 20 Jan 2023 | £461,232 | £460,000 | 14 MALLARDS ROAD |
| 11 Mar 2022 | £258,895 | £248,000 | FLAT 6 VICTORY COURT ATLANTIS CLOSE |
| 21 Dec 2021 | £238,527 | £221,000 | 53 MARINE DRIVE |
| 12 Nov 2021 | £239,694 | £220,000 | 45 MARINE DRIVE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 29 Aug 2014. Using an estimated price of £345,374 means this house is valued at £5,954 per sq meter (£553 per sq foot).
The average size of a house on HORNBEAM CLOSE is 103 sq meters (1,112 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (624 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Hornbeam Close |