£396,715
This estimated value is based upon the latest sale price for the house of £166,950 on 20 Jun 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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74 Station Parade, Barking, IG11 8EA
Phone: 02034630145
| Price Paid | Date |
|---|---|
| £166,950 | 20 Jun 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 79 sq meters or 850 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 June 2003 the House Price Index for GREATER LONDON was 63.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 137.625%.Applying this 137.625% change to the original purchase price of £166,950 results in an estimated price of approximately £396,715.
| 20 Jun 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 63.0 | 149.7 | 137.625 % | £166,950 | £229,765 | £396,715 |
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 | 107.961 % | £180,241 | £347,191 |
| 3 Month Average | 122.161 % | £203,947 | £370,897 |
| 6 Month Average | 120.382 % | £200,978 | £367,928 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jan 2023 | £270,723 | £270,000 | FLAT 2203 OCULUS HOUSE, 16 - 48 CAMBRIDGE ROAD |
| 5 Sep 2022 | £4,997 | £5,000 | 41 STATION PARADE |
| 4 Dec 2020 | £393,111 | £340,000 | FLAT 715 OCULUS HOUSE, 16 - 48 CAMBRIDGE ROAD |
| 27 Nov 2020 | £332,862 | £285,000 | FLAT 2403 OCULUS HOUSE, 16 - 48 CAMBRIDGE ROAD |
| 28 Oct 2020 | £307,259 | £260,000 | FLAT 2502 OCULUS HOUSE, 16 - 48 CAMBRIDGE ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 16 Sep 2014. Using an estimated price of £396,715 means this house is valued at £5,021 per sq meter (£466 per sq foot).
The average size of a house on CAMBRIDGE ROAD is 59 sq meters (645 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | On or near Barking (Station) | |
| Jul 2024 | Public order | On or near Barking (Station) | |
| Jul 2024 | Robbery | On or near Barking (Station) | |
| Jun 2024 | Public order | On or near Barking (Station) | |
| Jun 2024 | Theft from the person | On or near Barking (Station) |