£242,677
This estimated value is based upon the latest sale price for the house of £195,000 on 25 Jan 2019. 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 |
|---|---|
| £195,000 | 25 Jan 2019 |
| 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 January 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £195,000 results in an estimated price of approximately £242,677.
| 25 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £195,000 | £47,677 | £242,677 |
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 | 69.525 % | £135,573 | £330,573 |
| 3 Month Average | 18.965 % | £36,981 | £231,981 |
| 6 Month Average | 12.507 % | £24,389 | £219,389 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £203,121 | £200,000 | 148 HARTS LANE |
| 19 Oct 2023 | £248,647 | £243,000 | 66 GURNEY CLOSE |
| 23 Feb 2023 | £186,244 | £185,000 | 33 CAPE CLOSE |
| 10 Feb 2023 | £231,547 | £230,000 | 18 GURNEY CLOSE |
| 5 Jan 2023 | £189,506 | £189,000 | 151 HARTS LANE |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 31 Oct 2012. Using an estimated price of £242,677 means this house is valued at £5,275 per sq meter (£490 per sq foot).
The average size of a house on HARTS LANE is 64 sq meters (698 sq feet).