£573,818
This estimated value is based upon the latest sale price for the house of £532,500 on 29 Sep 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
3 Faircross Parade, Longbridge Road, Barking, IG11 8UN
Phone: 02080338686
| Price Paid | Date |
|---|---|
| £532,500 | 29 Sep 2021 |
| £295,000 | 30 Jan 2008 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 September 2021 the House Price Index for GREATER LONDON was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £532,500 results in an estimated price of approximately £573,818.
| 29 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £532,500 | £41,318 | £573,818 |
The Postcode Pricing Model uses changes in average sales price within the IG3 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 | -22.822 % | £-121,529 | £410,970 |
| 3 Month Average | -4.694 % | £-24,996 | £507,503 |
| 6 Month Average | -15.963 % | £-85,002 | £447,497 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 May 2022 | £554,447 | £544,000 | 48 BROADHURST AVENUE |
| 30 Sep 2021 | £484,917 | £450,000 | 4 BROADHURST AVENUE |
| 29 Sep 2021 | £573,818 | £532,500 | 41 BROADHURST AVENUE |
| 30 Jun 2021 | £498,910 | £465,000 | 34 MALVERN DRIVE |
| 25 Jun 2021 | £586,890 | £547,000 | 7 BROADHURST AVENUE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 3 Nov 2014. Using an estimated price of £573,818 means this house is valued at £5,738 per sq meter (£533 per sq foot).
The average size of a house on BROADHURST AVENUE is 109 sq meters (1,176 sq feet).