£292,624
This estimated value is based upon the latest sale price for the house of £170,000 on 18 Dec 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 |
|---|---|
| £170,000 | 18 Dec 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 December 2009 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 72.132%.Applying this 72.132% change to the original purchase price of £170,000 results in an estimated price of approximately £292,624.
| 18 Dec 2009 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.0 | 72.132 % | £170,000 | £122,624 | £292,624 |
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 | 64.353 % | £109,399 | £279,399 |
| 3 Month Average | 52.482 % | £89,219 | £259,219 |
| 6 Month Average | 83.613 % | £142,142 | £312,142 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2019 | £274,908 | £225,000 | 1606 LEMONADE BUILDING, 3 ARBORETUM PLACE |
| 13 Sep 2019 | £268,842 | £220,000 | 1607 LEMONADE BUILDING, 3 ARBORETUM PLACE |
| 2 Jul 2019 | £325,525 | £265,000 | 1204 LEMONADE BUILDING, 3 ARBORETUM PLACE |
| 14 Jun 2019 | £258,405 | £210,000 | 1502 LEMONADE BUILDING, 3 ARBORETUM PLACE |
| 11 Feb 2019 | £344,479 | £280,000 | 808 LEMONADE BUILDING, 3 ARBORETUM PLACE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 24 Aug 2019. Using an estimated price of £292,624 means this house is valued at £4,644 per sq meter (£431 per sq foot).
The average size of a house on ARBORETUM PLACE is 46 sq meters (496 sq feet).