£368,590
This estimated value is based upon the latest sale price for the house of £295,000 on 7 Feb 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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265 Barking Road, Canning Town, London, E13 8EQ
Phone: 02081151321
Price Paid | Date |
---|---|
£295,000 | 7 Feb 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 72 sq meters or 779 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 February 2018 the House Price Index for GREATER LONDON was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £295,000 results in an estimated price of approximately £368,590.
7 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 148.6 | 24.946 % | £295,000 | £73,590 | £368,590 |
The Postcode Pricing Model uses changes in average sales price within the E16 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 | -41.190 % | £-121,509 | £173,490 |
3 Month Average | -12.395 % | £-36,564 | £258,435 |
6 Month Average | -14.043 % | £-41,427 | £253,572 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £232,500 | £232,500 | FLAT 25 PARK VISTA APARTMENTS, 250 HERMIT ROAD |
25 Sep 2023 | £151,943 | £150,000 | FLAT 9 PARK VISTA APARTMENTS, 250 HERMIT ROAD |
8 Sep 2023 | £286,159 | £282,500 | FLAT 4 230D GRANGE ROAD |
20 Jun 2023 | £227,759 | £225,000 | FLAT 33 PARK VISTA APARTMENTS, 250 HERMIT ROAD |
17 Dec 2021 | £573,187 | £535,000 | 40 LADYSMITH ROAD |
This house has a floor area of 72 sq meters or 779 sq feet when measured on 5 Aug 2010. Using an estimated price of £368,591 means this house is valued at £5,091 per sq meter (£472 per sq foot).
The average size of a house on HERMIT ROAD is 70 sq meters (763 sq feet).