£347,460
This estimated value is based upon the latest sale price for the house of £165,000 on 23 Mar 2004. 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 |
|---|---|
| £165,000 | 23 Mar 2004 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2004 the House Price Index for GREATER LONDON was 71.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 110.582%.Applying this 110.582% change to the original purchase price of £165,000 results in an estimated price of approximately £347,460.
| 23 Mar 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 149.7 | 110.582 % | £165,000 | £182,460 | £347,460 |
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 | 153.499 % | £253,272 | £418,272 |
| 3 Month Average | 87.421 % | £144,244 | £309,244 |
| 6 Month Average | 78.296 % | £129,188 | £294,188 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jun 2024 | £465,000 | £465,000 | 58 ADDINGTON ROAD |
| 15 May 2024 | £402,000 | £402,000 | 11 CHESTER ROAD |
| 13 Dec 2023 | £386,888 | £375,000 | 61 STAR LANE |
| 13 Oct 2023 | £419,528 | £410,000 | 50 DESFORD ROAD |
| 19 Jun 2023 | £469,407 | £460,000 | 27 DESFORD ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 18 Jun 2012. Using an estimated price of £347,461 means this house is valued at £4,454 per sq meter (£413 per sq foot).
The average size of a house on ADDINGTON ROAD is 92 sq meters (995 sq feet).