£305,821
This estimated value is based upon the latest sale price for the house of £65,000 on 20 Jul 1998. 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 |
|---|---|
| £65,000 | 20 Jul 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 July 1998 the House Price Index for GREATER LONDON was 31.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 370.495%.Applying this 370.495% change to the original purchase price of £65,000 results in an estimated price of approximately £305,821.
| 20 Jul 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 149.7 | 370.495 % | £65,000 | £240,821 | £305,821 |
The Postcode Pricing Model uses changes in average sales price within the RM9 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 | 520.283 % | £338,183 | £403,183 |
| 3 Month Average | 475.186 % | £308,870 | £373,870 |
| 6 Month Average | 449.435 % | £292,132 | £357,132 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £226,000 | £226,000 | 14 MOORE CRESCENT |
| 1 Mar 2023 | £305,095 | £300,000 | 490 LODGE AVENUE |
| 18 Dec 2020 | £352,644 | £305,000 | 516 LODGE AVENUE |
| 23 Oct 2020 | £336,804 | £285,000 | 514 LODGE AVENUE |
| 16 Oct 2019 | £401,505 | £325,000 | 563 RIPPLE ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 8 Jul 2015. Using an estimated price of £305,822 means this house is valued at £3,822 per sq meter (£355 per sq foot).
The average size of a house on LODGE AVENUE is 86 sq meters (927 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Moore Crescent |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Moore Crescent |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Maplestead Road |
| Aug 2024 | Vehicle crime | Unable to prosecute suspect | On or near Maplestead Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maplestead Road |