£142,424
This estimated value is based upon the latest sale price for the house of £26,000 on 22 Nov 1996. 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 |
|---|---|
| £26,000 | 22 Nov 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 78 sq meters or 839 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 November 1996 the House Price Index for GREATER LONDON was 27.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 447.788%.Applying this 447.788% change to the original purchase price of £26,000 results in an estimated price of approximately £142,424.
| 22 Nov 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.3 | 149.7 | 447.788 % | £26,000 | £116,424 | £142,424 |
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 | 487.072 % | £126,638 | £152,638 |
| 3 Month Average | 321.493 % | £83,588 | £109,588 |
| 6 Month Average | 335.612 % | £87,259 | £113,259 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jul 2024 | £203,000 | £203,000 | 2 CAPE CLOSE |
| 30 Nov 2023 | £440,173 | £429,000 | 22 WHITING AVENUE |
| 23 Feb 2023 | £186,244 | £185,000 | 33 CAPE CLOSE |
| 5 Jan 2023 | £189,506 | £189,000 | 151 HARTS LANE |
| 15 Nov 2022 | £218,976 | £220,000 | 149 COWBRIDGE LANE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 20 Oct 2015. Using an estimated price of £142,425 means this house is valued at £1,825 per sq meter (£169 per sq foot).
The average size of a house on COWBRIDGE LANE is 73 sq meters (793 sq feet).