£209,061
This estimated value is based upon the latest sale price for the house of £121,000 on 30 Sep 2011. 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 |
---|---|
£121,000 | 30 Sep 2011 |
£240,000 | 21 Nov 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 43 sq meters or 471 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 September 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £121,000 results in an estimated price of approximately £209,061.
30 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.778 % | £121,000 | £88,061 | £209,061 |
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 | 31.055 % | £37,577 | £158,577 |
3 Month Average | 25.125 % | £30,400 | £151,400 |
6 Month Average | 73.628 % | £89,090 | £210,090 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Mar 2022 | £189,118 | £182,500 | FLAT 13 RILL COURT SPRING PLACE |
31 Jan 2022 | £315,722 | £300,000 | FLAT 25 SEAWALL COURT DOCK ROAD |
11 Dec 2020 | £252,497 | £220,000 | FLAT 28 SEAWALL COURT DOCK ROAD |
20 Nov 2020 | £216,799 | £187,000 | FLAT 15 SEAWALL COURT DOCK ROAD |
11 Sep 2020 | £284,972 | £240,000 | FLAT 33 CRICK COURT SPRING PLACE |
This house has a floor area of 43 sq meters or 471 sq feet when measured on 3 Jun 2011. Using an estimated price of £209,061 means this house is valued at £4,773 per sq meter (£443 per sq foot).
The average size of a house on SPRING PLACE is 58 sq meters (632 sq feet).