£287,583
This estimated value is based upon the latest sale price for the house of £160,000 on 3 Aug 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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17 East Street, Barking, IG11 8ER
Phone: 02080220120
| Price Paid | Date |
|---|---|
| £160,000 | 3 Aug 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 735 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 2009 the House Price Index for GREATER LONDON was 82.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 79.740%.Applying this 79.740% change to the original purchase price of £160,000 results in an estimated price of approximately £287,583.
| 3 Aug 2009 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.3 | 148.0 | 79.740 % | £160,000 | £127,583 | £287,583 |
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 | 71.151 % | £113,842 | £273,842 |
| 3 Month Average | 42.188 % | £67,501 | £227,501 |
| 6 Month Average | 71.429 % | £114,286 | £274,286 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2022 | £188,354 | £182,500 | FLAT 13 RILL COURT SPRING PLACE |
| 29 Nov 2019 | £266,286 | £218,000 | FLAT 30 RILL COURT SPRING PLACE |
| 15 Nov 2019 | £323,696 | £265,000 | FLAT 21 RUNNEL COURT SPRING PLACE |
| 6 Nov 2019 | £317,588 | £260,000 | FLAT 35 RUNNEL COURT SPRING PLACE |
| 17 Sep 2019 | £4,277 | £3,500 | BASEMENT PARKING SPACE 170 ABBEY ROAD SPRING PLACE |
This house has a floor area of 68 sq meters or 735 sq feet when measured on 7 Sep 2009. Using an estimated price of £287,584 means this house is valued at £4,210 per sq meter (£391 per sq foot).
The average size of a house on SPRING PLACE is 58 sq meters (632 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Theft from the person | Under investigation | On or near Spring Place |
| Apr 2024 | Anti-social behaviour | On or near Spring Place | |
| Apr 2024 | Other theft | Under investigation | On or near Spring Place |
| Apr 2024 | Theft from the person | Under investigation | On or near Spring Place |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Spring Place |