£336,223
This estimated value is based upon the latest sale price for the house of £104,995 on 26 Nov 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Jhumat House, 160 London Road, Barking, IG11 8BB
Phone: 02036414430
Price Paid | Date |
---|---|
£104,995 | 26 Nov 2001 |
£49,000 | 5 Jan 1996 |
Flats/Maisonettes |
Leasehold |
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 2001 the House Price Index for GREATER LONDON was 46.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 220.228%.Applying this 220.228% change to the original purchase price of £104,995 results in an estimated price of approximately £336,223.
26 Nov 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
46.4 | 148.6 | 220.228 % | £104,995 | £231,228 | £336,223 |
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 | 221.446 % | £232,507 | £337,502 |
3 Month Average | 253.728 % | £266,401 | £371,396 |
6 Month Average | 227.465 % | £238,826 | £343,821 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Apr 2023 | £454,898 | £450,000 | 98 FLANDERS ROAD |
24 Apr 2023 | £409,408 | £405,000 | 137 PARK AVENUE |
1 Jul 2022 | £401,080 | £400,000 | 42 RANELAGH ROAD |
14 Jan 2022 | £252,578 | £240,000 | 93 PARK AVENUE |
25 Nov 2021 | £340,677 | £315,000 | 164 PARK AVENUE |