£494,153
This estimated value is based upon the latest sale price for the house of £370,000 on 24 Jun 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Jhumat House, 160 London Road, Barking, IG11 8BB
Phone: 02036414430
| Price Paid | Date |
|---|---|
| £370,000 | 24 Jun 2016 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 June 2016 the House Price Index for GREATER LONDON was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £370,000 results in an estimated price of approximately £494,153.
| 24 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £370,000 | £124,153 | £494,153 |
The Postcode Pricing Model uses changes in average sales price within the E6 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 | 19.806 % | £73,282 | £443,282 |
| 3 Month Average | 27.868 % | £103,110 | £473,110 |
| 6 Month Average | 22.603 % | £83,631 | £453,631 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £460,024 | £456,000 | 29 PARK AVENUE |
| 13 Feb 2023 | £384,741 | £385,000 | 40 PARK AVENUE |
| 14 Jul 2022 | £243,651 | £242,995 | 83 RANELAGH ROAD |
| 9 May 2022 | £341,433 | £335,000 | 38 PARK AVENUE |
| 14 Jan 2022 | £252,578 | £240,000 | 93 PARK AVENUE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 13 Apr 2016. Using an estimated price of £494,153 means this house is valued at £5,679 per sq meter (£527 per sq foot).
The average size of a house on PARK AVENUE is 82 sq meters (888 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Ranelagh Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ranelagh Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Park Avenue |
| Jan 2024 | Burglary | Under investigation | On or near Park Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Park Avenue |