£196,838
This estimated value is based upon the latest sale price for the house of £132,000 on 11 Nov 2014. 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 |
---|---|
£132,000 | 11 Nov 2014 |
£128,950 | 15 Jul 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 37 sq meters or 398 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 November 2014 the House Price Index for GREATER LONDON was 99.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 49.120%.Applying this 49.120% change to the original purchase price of £132,000 results in an estimated price of approximately £196,838.
11 Nov 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 148.0 | 49.120 % | £132,000 | £64,838 | £196,838 |
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 | 55.352 % | £73,064 | £205,064 |
3 Month Average | 19.326 % | £25,509 | £157,509 |
6 Month Average | 45.909 % | £60,599 | £192,599 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jul 2023 | £252,387 | £250,000 | FLAT 37 CENTRAL HOUSE, 14 CAMBRIDGE ROAD |
20 Jan 2023 | £267,649 | £270,000 | FLAT 2203 OCULUS HOUSE, 16 - 48 CAMBRIDGE ROAD |
5 Sep 2022 | £4,940 | £5,000 | 41 STATION PARADE |
22 Dec 2020 | £400,078 | £350,000 | FLAT 1808 OCULUS HOUSE, 16 - 48 CAMBRIDGE ROAD |
7 Dec 2020 | £377,216 | £330,000 | FLAT 902 OCULUS HOUSE, 16 - 48 CAMBRIDGE ROAD |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 27 Apr 2012. Using an estimated price of £196,838 means this house is valued at £5,319 per sq meter (£494 per sq foot).
The average size of a house on CAMBRIDGE ROAD is 59 sq meters (645 sq feet).
This house is the smallest in the street with a floor area of 37 sq meters (398 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | On or near Barking (Station) | |
Apr 2024 | Possession of weapons | On or near Barking (Station) | |
Apr 2024 | Public order | On or near Barking (Station) | |
Apr 2024 | Theft from the person | On or near Barking (Station) | |
Apr 2024 | Violence and sexual offences | On or near Barking (Station) |