£175,595
This estimated value is based upon the latest sale price for the house of £130,000 on 18 Mar 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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42 Longbridge Road, Barking, IG11 8RT
Phone: 02035442507
Price Paid | Date |
---|---|
£130,000 | 18 Mar 2016 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £130,000 results in an estimated price of approximately £175,595.
18 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 148.6 | 35.074 % | £130,000 | £45,595 | £175,595 |
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 | 27.939 % | £36,321 | £166,321 |
3 Month Average | 1.354 % | £1,759 | £131,759 |
6 Month Average | 24.424 % | £31,751 | £161,751 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £456,762 | £450,000 | 141 MOVERS LANE |
24 Aug 2023 | £349,054 | £346,000 | 44 KENNEDY ROAD |
17 Mar 2023 | £389,671 | £386,000 | 2 KENNEDY ROAD |
21 Feb 2022 | £382,773 | £365,000 | 135 MOVERS LANE |
13 Sep 2021 | £358,300 | £332,500 | 35 KENNEDY ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 11 Aug 2015. Using an estimated price of £175,596 means this house is valued at £2,438 per sq meter (£226 per sq foot).
The average size of a house on MOVERS LANE is 84 sq meters (912 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Movers Lane |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gordon Road |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gordon Road |
Jan 2024 | Burglary | Under investigation | On or near St John'S Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near St John'S Road |