£511,306
This estimated value is based upon the latest sale price for the house of £421,400 on 11 Mar 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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75a Barking Road, Canning Town, London,, E16 4HB
Phone: 02036411886
| Price Paid | Date |
|---|---|
| £421,400 | 11 Mar 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 March 2020 the House Price Index for GREATER LONDON was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £421,400 results in an estimated price of approximately £511,306.
| 11 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £421,400 | £89,906 | £511,306 |
The Postcode Pricing Model uses changes in average sales price within the E14 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 | -10.728 % | £-45,208 | £376,191 |
| 3 Month Average | 16.104 % | £67,863 | £489,263 |
| 6 Month Average | 3.059 % | £12,890 | £434,290 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £434,580 | £425,000 | FLAT 1005 DEFOE HOUSE, 123 CITY ISLAND WAY |
| 29 Jun 2023 | £448,998 | £440,000 | FLAT 410 DEFOE HOUSE, 123 CITY ISLAND WAY |
| 4 Dec 2020 | £804,259 | £695,600 | FLAT 1504 DEFOE HOUSE 123 CITY ISLAND WAY |
| 25 Nov 2020 | £928,509 | £795,000 | FLAT 1303 DEFOE HOUSE, 123 CITY ISLAND WAY |
| 20 Nov 2020 | £560,609 | £480,000 | FLAT 602 DEFOE HOUSE, 123 CITY ISLAND WAY |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 11 Sep 2019. Using an estimated price of £511,307 means this house is valued at £10,025 per sq meter (£931 per sq foot).
The average size of a house on CITY ISLAND WAY is 58 sq meters (629 sq feet).