£391,121
This estimated value is based upon the latest sale price for the house of £285,000 on 8 Jan 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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APG House, 4 Thames Road, Barking, IG11 0HZ
Phone: 02080333631
| Price Paid | Date |
|---|---|
| £285,000 | 8 Jan 2016 |
| £155,000 | 20 Feb 2004 |
| £103,500 | 25 May 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 59 sq meters or 635 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 January 2016 the House Price Index for GREATER LONDON was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £285,000 results in an estimated price of approximately £391,121.
| 8 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £285,000 | £106,121 | £391,121 |
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 | 3.921 % | £11,176 | £296,176 |
| 3 Month Average | 10.925 % | £31,136 | £316,136 |
| 6 Month Average | 26.161 % | £74,557 | £359,557 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2022 | £254,315 | £255,000 | FLAT 8 TRAFALGAR COURT MARINE DRIVE |
| 24 Jun 2022 | £263,727 | £260,000 | FLAT 17 TRAFALGAR COURT MARINE DRIVE |
| 6 Apr 2021 | £451,672 | £400,000 | 11 ANCHOR CLOSE |
| 16 Oct 2020 | £252,213 | £215,000 | FLAT 20 TRAFALGAR COURT MARINE DRIVE |
| 10 Sep 2020 | £371,650 | £313,000 | 19 ATLANTIS CLOSE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 30 Oct 2015. Using an estimated price of £391,121 means this house is valued at £6,629 per sq meter (£615 per sq foot).
The average size of a house on SCHOONER CLOSE is 69 sq meters (749 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Schooner Close | |
| Mar 2024 | Anti-social behaviour | On or near Schooner Close | |
| Mar 2024 | Anti-social behaviour | On or near Anchor Close | |
| Mar 2024 | Anti-social behaviour | On or near Anchor Close | |
| Apr 2024 | Other theft | Under investigation | On or near Marine Drive |