£305,973
This estimated value is based upon the latest sale price for the house of £240,000 on 17 Jul 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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204 Longbridge Road, Barking, IG11 8SY
Phone: 02035899938
Price Paid | Date |
---|---|
£240,000 | 17 Jul 2017 |
£146,500 | 26 Oct 2006 |
£68,000 | 22 Sep 2000 |
£61,100 | 14 Nov 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 51 sq meters or 548 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 July 2017 the House Price Index for GREATER LONDON was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £240,000 results in an estimated price of approximately £305,973.
17 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 148.6 | 27.489 % | £240,000 | £65,973 | £305,973 |
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 | 7.182 % | £17,236 | £257,236 |
3 Month Average | -12.413 % | £-29,791 | £210,208 |
6 Month Average | 18.713 % | £44,911 | £284,911 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Aug 2023 | £317,780 | £315,000 | 39 SURREY ROAD |
7 Jul 2023 | £202,729 | £200,000 | 92 GREENSLADE ROAD |
17 Jun 2022 | £256,119 | £252,500 | 116 GREENSLADE ROAD |
25 Jun 2021 | £182,397 | £170,000 | 117 GREENSLADE ROAD |
20 Nov 2020 | £208,684 | £180,000 | 100 GREENSLADE ROAD |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 17 Jul 2016. Using an estimated price of £305,973 means this house is valued at £5,999 per sq meter (£557 per sq foot).
The average size of a house on GREENSLADE ROAD is 47 sq meters (506 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Greaves Close |