£206,724
This estimated value is based upon the latest sale price for the house of £177,000 on 26 Nov 2020. 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 |
---|---|
£177,000 | 26 Nov 2020 |
£75,000 | 8 Mar 2002 |
Terraced |
Leasehold |
Floor Area: 64 sq meters or 695 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 November 2020 the House Price Index for GREATER LONDON was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £177,000 results in an estimated price of approximately £206,724.
26 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 149.7 | 16.794 % | £177,000 | £29,724 | £206,724 |
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 | -0.147 % | £-260 | £176,739 |
3 Month Average | 11.124 % | £19,689 | £196,689 |
6 Month Average | 3.643 % | £6,448 | £183,448 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Jan 2023 | £481,286 | £480,000 | 64 ST AWDRYS ROAD |
7 Jul 2022 | £257,581 | £255,000 | 9 ST ERKENWALD MEWS |
25 Feb 2022 | £214,461 | £203,000 | 73 WESTBURY ROAD |
22 Nov 2021 | £299,618 | £275,000 | 19 ST ERKENWALD MEWS |
21 Jun 2021 | £412,891 | £382,000 | 27 CRANBORNE ROAD |
This house has a floor area of 64 sq meters or 695 sq feet when measured on 30 Oct 2008. Using an estimated price of £206,725 means this house is valued at £3,199 per sq meter (£297 per sq foot).
The average size of a house on CRANBORNE ROAD is 95 sq meters (1,023 sq feet).