£255,960
This estimated value is based upon the latest sale price for the house of £159,995 on 13 Apr 2007. 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 |
|---|---|
| £159,995 | 13 Apr 2007 |
| £61,995 | 30 Oct 1998 |
| 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 April 2007 the House Price Index for GREATER LONDON was 92.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 59.980%.Applying this 59.980% change to the original purchase price of £159,995 results in an estimated price of approximately £255,960.
| 13 Apr 2007 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 148.0 | 59.980 % | £159,995 | £95,965 | £255,960 |
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 | 79.866 % | £127,782 | £287,777 |
| 3 Month Average | 60.053 % | £96,081 | £256,076 |
| 6 Month Average | 60.634 % | £97,010 | £257,005 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Oct 2022 | £229,587 | £233,000 | 26 CUTHBERGA CLOSE |
| 7 Oct 2021 | £182,934 | £166,000 | 70 NORTH STREET |
| 26 Aug 2021 | £263,889 | £237,500 | 9 ADELIZA CLOSE |
| 19 Aug 2021 | £238,889 | £215,000 | 4 ADELIZA CLOSE |
| 18 Aug 2021 | £272,222 | £245,000 | 20 CUTHBERGA CLOSE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 19 Jun 2014. Using an estimated price of £255,960 means this house is valued at £5,445 per sq meter (£505 per sq foot).
The average size of a house on CUTHBERGA CLOSE is 57 sq meters (615 sq feet).