£4,939
This estimated value is based upon the latest sale price for the house of £5,000 on 5 Sep 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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74 Station Parade, Barking, IG11 8EA
Phone: 02034630145
| Price Paid | Date |
|---|---|
| £5,000 | 5 Sep 2022 |
| Leasehold |
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 2022 the House Price Index for GREATER LONDON was 149.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -1.202%.Applying this -1.202% change to the original purchase price of £5,000 results in an estimated price of approximately £4,939.
| 5 Sep 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 148.0 | -1.202 % | £5,000 | £-60 | £4,939 |
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 | -33.686 % | £-1,684 | £3,315 |
| 3 Month Average | -25.378 % | £-1,268 | £3,731 |
| 6 Month Average | -14.457 % | £-722 | £4,277 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £252,387 | £250,000 | FLAT 37 CENTRAL HOUSE, 14 CAMBRIDGE ROAD |
| 20 Jan 2023 | £267,649 | £270,000 | FLAT 2203 OCULUS HOUSE, 16 - 48 CAMBRIDGE ROAD |
| 5 Sep 2022 | £4,940 | £5,000 | 41 STATION PARADE |
| 27 Jul 2022 | £479,352 | £480,000 | UNIT 7 STATION PARADE |
| 20 Apr 2022 | £14,615,384 | £14,250,000 | PHOENIX HOUSE, 12 - 14 WAKERING ROAD |