£481,040
This estimated value is based upon the latest sale price for the house of £370,000 on 27 Feb 2017. 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 |
---|---|
£370,000 | 27 Feb 2017 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 871 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 February 2017 the House Price Index for GREATER LONDON was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £370,000 results in an estimated price of approximately £481,040.
27 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 148.6 | 30.011 % | £370,000 | £111,040 | £481,040 |
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 | 32.775 % | £121,267 | £491,267 |
3 Month Average | 20.874 % | £77,232 | £447,232 |
6 Month Average | 11.513 % | £42,599 | £412,599 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £474,148 | £470,000 | 29 STOKES ROAD |
18 Apr 2023 | £459,952 | £455,000 | 182 ROMAN ROAD |
14 Mar 2023 | £375,538 | £372,000 | 16 STOKES ROAD |
16 Feb 2023 | £384,741 | £385,000 | 46 STOKES ROAD |
30 Jun 2022 | £446,307 | £440,000 | 1131 NEWHAM WAY |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 29 Oct 2016. Using an estimated price of £481,041 means this house is valued at £5,938 per sq meter (£551 per sq foot).
The average size of a house on NEWHAM WAY is 88 sq meters (947 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Roman Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Roman Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Roman Road |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Roman Road |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Roman Road |