£401,800
This estimated value is based upon the latest sale price for the house of £340,000 on 1 Oct 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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50 Cambridge Road, Barking, Enterprise Centres, Unit 2 20, Barking, IG11 8FG
Phone: 02045373548
Price Paid | Date |
---|---|
£340,000 | 1 Oct 2020 |
Flats/Maisonettes |
Leasehold |
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 October 2020 the House Price Index for GREATER LONDON was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £340,000 results in an estimated price of approximately £401,800.
1 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £340,000 | £61,800 | £401,800 |
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 | 1.586 % | £5,391 | £345,391 |
3 Month Average | 6.650 % | £22,610 | £362,610 |
6 Month Average | 5.023 % | £17,079 | £357,079 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jan 2023 | £270,723 | £270,000 | FLAT 2203 OCULUS HOUSE, 16 - 48 CAMBRIDGE ROAD |
25 Nov 2022 | £101,525 | £102,000 | FLAT 205 OCULUS HOUSE, 16 - 48 CAMBRIDGE ROAD |
14 Oct 2022 | £7,973,369 | £8,000,000 | GROUND FLOOR MARITIME HOUSE LINTON ROAD |
27 Jan 2021 | £344,356 | £299,500 | FLAT 2703 OCULUS HOUSE, 16 - 48 CAMBRIDGE ROAD |
22 Dec 2020 | £404,673 | £350,000 | FLAT 1808 OCULUS HOUSE, 16 - 48 CAMBRIDGE ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Theft from the person | Under investigation | On or near Cambridge Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Cambridge Road |
Apr 2024 | Anti-social behaviour | On or near Parking Area | |
Apr 2024 | Robbery | Under investigation | On or near Parking Area |
Apr 2024 | Anti-social behaviour | On or near Parking Area |