£197,527
This estimated value is based upon the latest sale price for the house of £164,000 on 16 Mar 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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50 Cambridge Road, Barking, Enterprise Centres, Unit 2 20, Barking, IG11 8FG
Phone: 02045373548
| Price Paid | Date |
|---|---|
| £164,000 | 16 Mar 2020 |
| £39,995 | 10 Dec 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 March 2020 the House Price Index for GREATER LONDON was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £164,000 results in an estimated price of approximately £197,527.
| 16 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £164,000 | £33,527 | £197,527 |
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 | -18.033 % | £-29,573 | £134,426 |
| 3 Month Average | -14.629 % | £-23,991 | £140,008 |
| 6 Month Average | 4.361 % | £7,152 | £171,152 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Mar 2023 | £292,758 | £290,000 | FLAT 4 ONE SIX FIVE, 165 NORTH STREET |
| 23 Feb 2023 | £184,876 | £185,000 | 33 CAPE CLOSE |
| 6 Feb 2023 | £369,751 | £370,000 | FLAT 8 ONE SIX FIVE, 165 NORTH STREET |
| 7 Nov 2022 | £345,811 | £350,000 | FLAT 3 ONE SIX FIVE, 165 NORTH STREET |
| 31 Oct 2022 | £316,591 | £320,000 | FLAT 9 ONE SIX FIVE, 165 NORTH STREET |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 5 Oct 2015. Using an estimated price of £197,528 means this house is valued at £4,202 per sq meter (£390 per sq foot).
The average size of a house on CAPE CLOSE is 67 sq meters (721 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Local resolution | On or near Cape Close |
| Jan 2024 | Drugs | Local resolution | On or near Cape Close |
| Jan 2024 | Anti-social behaviour | On or near Cape Close | |
| Jan 2024 | Anti-social behaviour | On or near Cape Close | |
| Jan 2024 | Anti-social behaviour | On or near Cape Close |