£321,972
This estimated value is based upon the latest sale price for the house of £300,000 on 23 Sep 2021. 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 |
---|---|
£300,000 | 23 Sep 2021 |
£47,500 | 23 Nov 2001 |
£58,250 | 20 Dec 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 69 sq meters or 742 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 September 2021 the House Price Index for GREATER LONDON was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £300,000 results in an estimated price of approximately £321,972.
23 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.0 | 7.324 % | £300,000 | £21,972 | £321,972 |
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 | -15.651 % | £-46,954 | £253,045 |
3 Month Average | 32.033 % | £96,099 | £396,099 |
6 Month Average | 11.156 % | £33,469 | £333,469 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Mar 2023 | £241,304 | £240,000 | FLAT 14 ARNCROFT COURT GREAT GALLEY CLOSE |
21 Feb 2023 | £268,729 | £270,000 | FLAT 2 ARNCROFT COURT GREAT GALLEY CLOSE |
23 Sep 2021 | £321,972 | £300,000 | 3 GREAT GALLEY CLOSE |
24 Aug 2020 | £355,879 | £298,000 | 17 GREAT GALLEY CLOSE |
29 Jul 2020 | £289,037 | £240,000 | FLAT 9 BELLINGHAM COURT WANDERER DRIVE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 23 Apr 2015. Using an estimated price of £321,972 means this house is valued at £4,666 per sq meter (£433 per sq foot).
The average size of a house on GREAT GALLEY CLOSE is 61 sq meters (660 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Great Galley Close |
Apr 2024 | Drugs | Under investigation | On or near Great Galley Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Great Galley Close |
Feb 2024 | Anti-social behaviour | On or near Great Galley Close | |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Great Galley Close |