£268,652
This estimated value is based upon the latest sale price for the house of £242,800 on 8 Oct 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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223 Barking Road, Newham, E6 1LB
Phone: 02080339367
Price Paid | Date |
---|---|
£242,800 | 8 Oct 2021 |
£243,000 | 25 Aug 2017 |
£177,000 | 21 Sep 2015 |
£82,000 | 29 May 2002 |
£59,000 | 6 Sep 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 484 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 October 2021 the House Price Index for GREATER LONDON was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £242,800 results in an estimated price of approximately £268,652.
8 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 148.6 | 10.648 % | £242,800 | £25,852 | £268,652 |
The Postcode Pricing Model uses changes in average sales price within the E6 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 | 20.992 % | £50,969 | £293,769 |
3 Month Average | 21.439 % | £52,054 | £294,854 |
6 Month Average | 6.641 % | £16,125 | £258,925 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Feb 2022 | £442,549 | £422,000 | 40 GILLETT AVENUE |
22 Dec 2021 | £230,346 | £215,000 | FLAT 3 RUSSELL HOUSE GILLETT AVENUE |
8 Oct 2021 | £268,653 | £242,800 | FLAT 5 RUSSELL HOUSE GILLETT AVENUE |
14 Jun 2021 | £531,098 | £495,000 | 51 LADYSMITH AVENUE |
12 Mar 2021 | £523,161 | £470,000 | 36 GILLETT AVENUE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 15 Jan 2015. Using an estimated price of £268,653 means this house is valued at £5,970 per sq meter (£554 per sq foot).
The average size of a house on GILLETT AVENUE is 80 sq meters (868 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Gillett Avenue |
Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Gillett Avenue |
Jan 2024 | Anti-social behaviour | On or near Hockley Avenue | |
Jan 2024 | Anti-social behaviour | On or near Hockley Avenue | |
Jan 2024 | Anti-social behaviour | On or near Hockley Avenue |