£331,573
This estimated value is based upon the latest sale price for the house of £115,995 on 26 Jun 2002. 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 |
|---|---|
| £115,995 | 26 Jun 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 2002 the House Price Index for GREATER LONDON was 52.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 185.852%.Applying this 185.852% change to the original purchase price of £115,995 results in an estimated price of approximately £331,573.
| 26 Jun 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 52.0 | 148.6 | 185.852 % | £115,995 | £215,578 | £331,573 |
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 | 103.827 % | £120,434 | £236,429 |
| 3 Month Average | 107.937 % | £125,201 | £241,196 |
| 6 Month Average | 193.326 % | £224,248 | £340,243 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £241,247 | £238,000 | 69 MARINE DRIVE |
| 27 Jan 2023 | £268,734 | £270,000 | FLAT 12 VICTORY COURT ATLANTIS CLOSE |
| 24 Jun 2022 | £263,727 | £260,000 | FLAT 17 TRAFALGAR COURT MARINE DRIVE |
| 11 Mar 2022 | £256,993 | £248,000 | FLAT 6 VICTORY COURT ATLANTIS CLOSE |
| 21 Dec 2021 | £236,774 | £221,000 | 53 MARINE DRIVE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 1 Oct 2019. Using an estimated price of £331,574 means this house is valued at £6,501 per sq meter (£604 per sq foot).
The average size of a house on MARINE DRIVE is 58 sq meters (628 sq feet).