£243,270
This estimated value is based upon the latest sale price for the house of £51,000 on 11 Apr 1998. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit G2, 776-778 Barking Road, London, E13 9PJ
Phone: 02080334700
Price Paid | Date |
---|---|
£51,000 | 11 Apr 1998 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 April 1998 the House Price Index for GREATER LONDON was 31.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 377.002%.Applying this 377.002% change to the original purchase price of £51,000 results in an estimated price of approximately £243,270.
11 Apr 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.4 | 149.7 | 377.002 % | £51,000 | £192,270 | £243,270 |
The Postcode Pricing Model uses changes in average sales price within the E13 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 | 321.727 % | £164,080 | £215,080 |
3 Month Average | 365.885 % | £186,601 | £237,601 |
6 Month Average | 464.611 % | £236,951 | £287,951 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £335,303 | £325,000 | 77 PATRICK ROAD |
25 Aug 2023 | £916,531 | £900,000 | LENWOOD HALL CORONATION ROAD |
18 Aug 2023 | £392,071 | £385,000 | 55 CORONATION ROAD |
30 Jun 2023 | £443,896 | £435,000 | 69 CORONATION ROAD |
6 Mar 2023 | £459,677 | £452,000 | 61 PATRICK ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 20 Mar 2019. Using an estimated price of £243,271 means this house is valued at £3,577 per sq meter (£332 per sq foot).
The average size of a house on CORONATION ROAD is 83 sq meters (899 sq feet).