£280,808
This estimated value is based upon the latest sale price for the house of £190,000 on 17 Feb 2015. 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 |
|---|---|
| £190,000 | 17 Feb 2015 |
| £149,500 | 11 Dec 2009 |
| £100,880 | 9 Nov 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 670 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 2015 the House Price Index for GREATER LONDON was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £190,000 results in an estimated price of approximately £280,808.
| 17 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £190,000 | £90,808 | £280,808 |
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 | 0.360 % | £684 | £190,684 |
| 3 Month Average | 14.667 % | £27,866 | £217,866 |
| 6 Month Average | 52.854 % | £100,422 | £290,422 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2022 | £189,118 | £182,500 | FLAT 13 RILL COURT SPRING PLACE |
| 29 Nov 2019 | £267,365 | £218,000 | FLAT 30 RILL COURT SPRING PLACE |
| 15 Nov 2019 | £325,008 | £265,000 | FLAT 21 RUNNEL COURT SPRING PLACE |
| 6 Nov 2019 | £318,876 | £260,000 | FLAT 35 RUNNEL COURT SPRING PLACE |
| 17 Oct 2019 | £318,844 | £260,000 | FLAT 29 RILL COURT SPRING PLACE |
This house has a floor area of 62 sq meters or 670 sq feet when measured on 30 Oct 2009. Using an estimated price of £280,809 means this house is valued at £4,507 per sq meter (£418 per sq foot).
The average size of a house on SPRING PLACE is 58 sq meters (632 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Spring Place |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Spring Place |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Spring Place |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Spring Place |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Spring Place |