£367,456
This estimated value is based upon the latest sale price for the house of £325,000 on 10 Feb 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 |
|---|---|
| £325,000 | 10 Feb 2021 |
| £115,000 | 28 Nov 2001 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 February 2021 the House Price Index for GREATER LONDON was 130.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 13.063%.Applying this 13.063% change to the original purchase price of £325,000 results in an estimated price of approximately £367,456.
| 10 Feb 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 130.9 | 148.0 | 13.063 % | £325,000 | £42,456 | £367,456 |
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 | 14.322 % | £46,547 | £371,547 |
| 3 Month Average | -26.323 % | £-85,549 | £239,450 |
| 6 Month Average | -0.041 % | £-132 | £324,867 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jan 2023 | £455,995 | £460,000 | 14 MALLARDS ROAD |
| 31 Aug 2022 | £456,913 | £460,000 | 5 SHEARWATER CLOSE |
| 12 Aug 2022 | £372,483 | £375,000 | 10 SHEARWATER CLOSE |
| 10 Feb 2021 | £367,456 | £325,000 | 50 GALLEONS DRIVE |
| 28 Oct 2020 | £375,039 | £321,000 | 47 GALLEONS DRIVE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 21 Aug 2020. Using an estimated price of £367,456 means this house is valued at £6,228 per sq meter (£578 per sq foot).
The average size of a house on GALLEONS DRIVE is 106 sq meters (1,149 sq feet).