£193,822
This estimated value is based upon the latest sale price for the house of £121,500 on 7 Feb 2014. 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 |
|---|---|
| £121,500 | 7 Feb 2014 |
| £102,000 | 28 Sep 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 February 2014 the House Price Index for GREATER LONDON was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £121,500 results in an estimated price of approximately £193,822.
| 7 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 149.7 | 59.525 % | £121,500 | £72,322 | £193,822 |
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 | 94.704 % | £115,065 | £236,565 |
| 3 Month Average | 84.244 % | £102,355 | £223,855 |
| 6 Month Average | 70.758 % | £85,970 | £207,470 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Feb 2023 | £240,607 | £239,000 | 29 NORTHUMBERLAND ROAD |
| 20 May 2022 | £194,569 | £189,500 | 41 NORTHUMBERLAND ROAD |
| 6 May 2022 | £157,093 | £153,000 | 7 CHARDWELL CLOSE |
| 30 Nov 2021 | £277,828 | £255,000 | 19 NORTHUMBERLAND ROAD |
| 2 Nov 2021 | £168,876 | £155,000 | 18 LINDWOOD CLOSE |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 29 Apr 2012. Using an estimated price of £193,823 means this house is valued at £4,614 per sq meter (£428 per sq foot).
The average size of a house on NORTHUMBERLAND ROAD is 52 sq meters (567 sq feet).