£348,302
This estimated value is based upon the latest sale price for the house of £222,000 on 8 Aug 2007. 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 |
|---|---|
| £222,000 | 8 Aug 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 August 2007 the House Price Index for GREATER LONDON was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £222,000 results in an estimated price of approximately £348,302.
| 8 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £222,000 | £126,302 | £348,302 |
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 | 33.372 % | £74,086 | £296,086 |
| 3 Month Average | 28.968 % | £64,309 | £286,309 |
| 6 Month Average | 72.491 % | £160,929 | £382,929 |
| 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 48 sq meters or 516 sq feet when measured on 29 Apr 2019. Using an estimated price of £348,302 means this house is valued at £7,256 per sq meter (£674 per sq foot).
The average size of a house on SPRING PLACE is 58 sq meters (632 sq feet).