£597,969
This estimated value is based upon the latest sale price for the house of £425,000 on 9 Oct 2015. 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 |
|---|---|
| £425,000 | 9 Oct 2015 |
| £297,000 | 3 Feb 2014 |
| £250,000 | 3 Feb 2014 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 2015 the House Price Index for GREATER LONDON was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £425,000 results in an estimated price of approximately £597,969.
| 9 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £425,000 | £172,969 | £597,969 |
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 | 17.183 % | £73,028 | £498,028 |
| 3 Month Average | 0.220 % | £934 | £425,934 |
| 6 Month Average | 27.366 % | £116,305 | £541,305 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £294,358 | £290,000 | 30 WILMINGTON GARDENS |
| 17 Aug 2023 | £410,592 | £407,000 | 28 SHERWOOD GARDENS |
| 20 Mar 2023 | £391,489 | £387,801 | 21 SHERWOOD GARDENS |
| 10 Mar 2023 | £555,231 | £550,000 | 37 WILMINGTON GARDENS |
| 2 Mar 2023 | £519,898 | £515,000 | 29 NETHERFIELD GARDENS |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 28 Jun 2012. Using an estimated price of £597,970 means this house is valued at £5,485 per sq meter (£509 per sq foot).
The average size of a house on NETHERFIELD GARDENS is 101 sq meters (1,089 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Cranleigh Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Cranleigh Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Cranleigh Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Cranleigh Gardens | |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Cranleigh Gardens |