£564,507
This estimated value is based upon the latest sale price for the house of £432,000 on 27 Jan 2017. 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 |
|---|---|
| £432,000 | 27 Jan 2017 |
| £432,000 | 27 Jan 2017 |
| £117,500 | 29 Mar 2000 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 January 2017 the House Price Index for GREATER LONDON was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £432,000 results in an estimated price of approximately £564,507.
| 27 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £432,000 | £132,507 | £564,507 |
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 | 13.126 % | £56,702 | £488,702 |
| 3 Month Average | -12.563 % | £-54,271 | £377,728 |
| 6 Month Average | 7.855 % | £33,934 | £465,934 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £502,439 | £495,000 | 129 WILMINGTON GARDENS |
| 23 Jun 2023 | £303,678 | £300,000 | 81 WILMINGTON GARDENS |
| 20 Mar 2023 | £474,470 | £470,000 | 127 WILMINGTON GARDENS |
| 21 Dec 2020 | £490,074 | £427,000 | 113 WILMINGTON GARDENS |
| 31 Jan 2020 | £469,590 | £385,000 | 115 WILMINGTON GARDENS |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 4 Jan 2016. Using an estimated price of £564,507 means this house is valued at £5,760 per sq meter (£535 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 | Other theft | Under investigation | On or near Wilmington Gardens |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Salisbury Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Salisbury Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Greenslade Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Greenslade Road |