£342,352
This estimated value is based upon the latest sale price for the house of £274,000 on 6 Feb 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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APG House, 4 Thames Road, Barking, IG11 0HZ
Phone: 02080333631
| Price Paid | Date |
|---|---|
| £274,000 | 6 Feb 2018 |
| £144,000 | 4 Jul 2003 |
| £76,000 | 2 Jul 1999 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 2018 the House Price Index for GREATER LONDON was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £274,000 results in an estimated price of approximately £342,352.
| 6 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £274,000 | £68,352 | £342,352 |
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 | -29.290 % | £-80,255 | £193,744 |
| 3 Month Average | -13.001 % | £-35,622 | £238,377 |
| 6 Month Average | 15.738 % | £43,121 | £317,121 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £243,274 | £240,000 | FLAT 11 LIBERTY COURT STERN CLOSE |
| 5 Apr 2023 | £257,776 | £255,000 | FLAT 16 ADMIRAL COURT STERN CLOSE |
| 28 Mar 2023 | £239,506 | £237,250 | FLAT 7 LIBERTY COURT STERN CLOSE |
| 18 Nov 2022 | £234,658 | £237,500 | FLAT 4 LIBERTY COURT STERN CLOSE |
| 14 Apr 2022 | £257,450 | £250,000 | FLAT 8 LIBERTY COURT STERN CLOSE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 20 Sep 2017. Using an estimated price of £342,352 means this house is valued at £6,113 per sq meter (£567 per sq foot).
The average size of a house on STERN CLOSE is 62 sq meters (676 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stern Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Great Fleete Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Great Fleete Way |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tiger Close |
| Dec 2023 | Anti-social behaviour | On or near Tiger Close |