£264,532
This estimated value is based upon the latest sale price for the house of £153,000 on 3 Jul 2006. 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 |
|---|---|
| £153,000 | 3 Jul 2006 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2006 the House Price Index for GREATER LONDON was 85.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.897%.Applying this 72.897% change to the original purchase price of £153,000 results in an estimated price of approximately £264,532.
| 3 Jul 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.9 | 148.6 | 72.897 % | £153,000 | £111,532 | £264,532 |
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 | 35.708 % | £54,633 | £207,633 |
| 3 Month Average | 36.487 % | £55,824 | £208,824 |
| 6 Month Average | 79.047 % | £120,942 | £273,942 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £458,014 | £450,000 | 45 ROYCRAFT AVENUE |
| 25 Jul 2022 | £175,472 | £175,000 | 86 BASTABLE AVENUE |
| 17 May 2022 | £417,874 | £410,000 | 63 BASTABLE AVENUE |
| 8 Apr 2022 | £267,748 | £260,000 | 94 BASTABLE AVENUE |
| 11 Mar 2022 | £362,692 | £350,000 | 111 ROYCRAFT AVENUE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 2 Aug 2017. Using an estimated price of £264,533 means this house is valued at £3,674 per sq meter (£341 per sq foot).
The average size of a house on ROYCRAFT AVENUE is 82 sq meters (883 sq feet).