£420,428
This estimated value is based upon the latest sale price for the house of £263,000 on 7 Apr 2008. 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 |
---|---|
£263,000 | 7 Apr 2008 |
Terraced |
Freehold |
Floor Area: 59 sq meters or 635 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 April 2008 the House Price Index for GREATER LONDON was 93.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.859%.Applying this 59.859% change to the original purchase price of £263,000 results in an estimated price of approximately £420,428.
7 Apr 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.6 | 149.7 | 59.859 % | £263,000 | £157,428 | £420,428 |
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 | 85.442 % | £224,713 | £487,713 |
3 Month Average | 72.127 % | £189,693 | £452,693 |
6 Month Average | 61.840 % | £162,639 | £425,639 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jun 2023 | £408,180 | £400,000 | 170 MASTERMAN ROAD |
27 Feb 2023 | £402,690 | £400,000 | 36 BURFORD ROAD |
30 Aug 2022 | £326,527 | £325,000 | 211 MASTERMAN ROAD |
17 Mar 2022 | £495,868 | £475,000 | 140 HALDANE ROAD |
24 Sep 2021 | £455,939 | £420,000 | 205 MASTERMAN ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 9 Feb 2015. Using an estimated price of £420,429 means this house is valued at £7,125 per sq meter (£662 per sq foot).
The average size of a house on MASTERMAN ROAD is 88 sq meters (951 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Masterman Road |
Apr 2024 | Other theft | Under investigation | On or near Buxton Road |