£280,363
This estimated value is based upon the latest sale price for the house of £225,000 on 3 Aug 2018. 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 |
|---|---|
| £225,000 | 3 Aug 2018 |
| £270,000 | 15 Oct 2015 |
| £93,750 | 25 Feb 2000 |
| £72,950 | 26 Mar 1997 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 August 2018 the House Price Index for GREATER LONDON was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £225,000 results in an estimated price of approximately £280,363.
| 3 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £225,000 | £55,363 | £280,363 |
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 | -3.855 % | £-8,673 | £216,326 |
| 3 Month Average | 6.767 % | £15,224 | £240,224 |
| 6 Month Average | 4.134 % | £9,302 | £234,302 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £244,076 | £240,000 | FLAT 14 ARNCROFT COURT GREAT GALLEY CLOSE |
| 21 Feb 2023 | £271,816 | £270,000 | FLAT 2 ARNCROFT COURT GREAT GALLEY CLOSE |
| 23 Sep 2021 | £325,671 | £300,000 | 3 GREAT GALLEY CLOSE |
| 24 Aug 2020 | £359,967 | £298,000 | 17 GREAT GALLEY CLOSE |
| 29 Jul 2020 | £292,357 | £240,000 | FLAT 9 BELLINGHAM COURT WANDERER DRIVE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 27 Aug 2015. Using an estimated price of £280,364 means this house is valued at £4,123 per sq meter (£383 per sq foot).
The average size of a house on GREAT GALLEY CLOSE is 61 sq meters (660 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Great Galley Close |
| Apr 2024 | Drugs | Under investigation | On or near Great Galley Close |
| Apr 2024 | Anti-social behaviour | On or near Wanderer Drive | |
| Apr 2024 | Anti-social behaviour | On or near Wanderer Drive | |
| Apr 2024 | Anti-social behaviour | On or near Wanderer Drive |