£428,723
This estimated value is based upon the latest sale price for the house of £425,000 on 9 Dec 2022. 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 |
|---|---|
| £425,000 | 9 Dec 2022 |
| Terraced |
| Freehold |
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 2022 the House Price Index for GREATER LONDON was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £425,000 results in an estimated price of approximately £428,723.
| 9 Dec 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £425,000 | £3,723 | £428,723 |
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 | -4.673 % | £-19,859 | £405,140 |
| 3 Month Average | -7.656 % | £-32,537 | £392,462 |
| 6 Month Average | -6.413 % | £-27,254 | £397,745 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £470,690 | £460,000 | 60 HOCKLEY AVENUE |
| 10 Feb 2023 | £312,085 | £310,000 | 53A HOCKLEY AVENUE |
| 27 Oct 2022 | £294,018 | £295,000 | 51 HOCKLEY AVENUE |
| 13 Sep 2022 | £349,766 | £350,000 | 50 HOCKLEY AVENUE |
| 18 Aug 2022 | £311,456 | £310,000 | 58 ERNALD AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Ernald Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Ernald Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Ernald Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Ernald Avenue |