£232,224
This estimated value is based upon the latest sale price for the house of £233,000 on 28 Oct 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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50 Cambridge Road, Barking, Enterprise Centres, Unit 2 20, Barking, IG11 8FG
Phone: 02045373548
| Price Paid | Date |
|---|---|
| £233,000 | 28 Oct 2022 |
| £61,995 | 30 Oct 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 2022 the House Price Index for GREATER LONDON was 150.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.333%.Applying this -0.333% change to the original purchase price of £233,000 results in an estimated price of approximately £232,224.
| 28 Oct 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 149.7 | -0.333 % | £233,000 | £-775 | £232,224 |
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 | -32.217 % | £-75,065 | £157,934 |
| 3 Month Average | -16.164 % | £-37,660 | £195,339 |
| 6 Month Average | -6.012 % | £-14,008 | £218,991 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £265,861 | £260,000 | 29 ADELIZA CLOSE |
| 28 Oct 2022 | £232,224 | £233,000 | 26 CUTHBERGA CLOSE |
| 16 Nov 2021 | £152,533 | £140,000 | 99 GOWER HOUSE NORTH STREET |
| 7 Oct 2021 | £185,035 | £166,000 | 70 NORTH STREET |
| 26 Aug 2021 | £266,920 | £237,500 | 9 ADELIZA CLOSE |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 19 Oct 2017. Using an estimated price of £232,224 means this house is valued at £4,465 per sq meter (£414 per sq foot).
The average size of a house on CUTHBERGA CLOSE is 57 sq meters (615 sq feet).