£527,318
This estimated value is based upon the latest sale price for the house of £430,000 on 29 Oct 2019. 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 |
|---|---|
| £430,000 | 29 Oct 2019 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 October 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £430,000 results in an estimated price of approximately £527,318.
| 29 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £430,000 | £97,318 | £527,318 |
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 | 48.253 % | £207,486 | £637,486 |
| 3 Month Average | 25.214 % | £108,421 | £538,421 |
| 6 Month Average | 29.034 % | £124,847 | £554,847 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £473,281 | £465,000 | 58 GILLETT AVENUE |
| 11 Feb 2022 | £442,549 | £422,000 | 40 GILLETT AVENUE |
| 22 Dec 2021 | £230,346 | £215,000 | FLAT 3 RUSSELL HOUSE GILLETT AVENUE |
| 8 Oct 2021 | £268,653 | £242,800 | FLAT 5 RUSSELL HOUSE GILLETT AVENUE |
| 14 Jun 2021 | £531,098 | £495,000 | 51 LADYSMITH AVENUE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 1 Feb 2020. Using an estimated price of £527,319 means this house is valued at £4,837 per sq meter (£449 per sq foot).
The average size of a house on GILLETT AVENUE is 80 sq meters (868 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Gillett Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gillett Avenue |
| Apr 2024 | Other theft | Under investigation | On or near Gillett Avenue |
| Apr 2024 | Vehicle crime | Under investigation | On or near Gillett Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gillett Avenue |