£304,680
This estimated value is based upon the latest sale price for the house of £54,500 on 23 Aug 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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223 Barking Road, Newham, E6 1LB
Phone: 02080339367
| Price Paid | Date |
|---|---|
| £54,500 | 23 Aug 1996 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 1996 the House Price Index for GREATER LONDON was 26.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 459.047%.Applying this 459.047% change to the original purchase price of £54,500 results in an estimated price of approximately £304,680.
| 23 Aug 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.8 | 149.7 | 459.047 % | £54,500 | £250,180 | £304,680 |
The Postcode Pricing Model uses changes in average sales price within the E6 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 | 600.774 % | £327,421 | £381,921 |
| 3 Month Average | 520.891 % | £283,885 | £338,385 |
| 6 Month Average | 473.721 % | £258,177 | £312,677 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £539,687 | £535,000 | 49 STAMFORD ROAD |
| 5 Dec 2023 | £526,168 | £510,000 | 71 OUTRAM ROAD |
| 7 Sep 2023 | £352,777 | £345,000 | 106 STAMFORD ROAD |
| 29 Mar 2023 | £249,161 | £245,000 | 65 STAMFORD ROAD |
| 29 Jul 2022 | £323,239 | £320,000 | 25 OUTRAM ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 21 Sep 2019. Using an estimated price of £304,680 means this house is valued at £3,542 per sq meter (£329 per sq foot).
The average size of a house on MALVERN ROAD is 82 sq meters (889 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Malvern Road |