£597,743
This estimated value is based upon the latest sale price for the house of £481,000 on 7 Dec 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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54/6 Barking Road, East Ham, London, E6 3BP
Phone: 02034639323
| Price Paid | Date |
|---|---|
| £481,000 | 7 Dec 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 78 sq meters or 839 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 2018 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £481,000 results in an estimated price of approximately £597,743.
| 7 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £481,000 | £116,743 | £597,743 |
The Postcode Pricing Model uses changes in average sales price within the E13 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 | -30.889 % | £-148,578 | £332,421 |
| 3 Month Average | 14.450 % | £69,502 | £550,502 |
| 6 Month Average | 7.022 % | £33,776 | £514,776 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Oct 2022 | £473,419 | £475,000 | FLAT 71 LYALL HOUSE, 2 SHIPBUILDING WAY |
| 1 Aug 2022 | £314,470 | £313,000 | FLAT 20 LYALL HOUSE, 2 SHIPBUILDING WAY |
| 30 Jun 2022 | £332,099 | £325,000 | FLAT 21 LYALL HOUSE, 2 SHIPBUILDING WAY |
| 3 May 2022 | £487,706 | £475,000 | FLAT 68 LYALL HOUSE, 2 SHIPBUILDING WAY |
| 9 Mar 2022 | £485,429 | £465,000 | FLAT 77 LYALL HOUSE, 1 IRONWORKS WAY |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 12 Oct 2018. Using an estimated price of £597,744 means this house is valued at £7,663 per sq meter (£711 per sq foot).
The average size of a house on SHIPBUILDING WAY is 69 sq meters (752 sq feet).