£306,572
This estimated value is based upon the latest sale price for the house of £120,000 on 18 Dec 2002. 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 |
---|---|
£120,000 | 18 Dec 2002 |
£61,350 | 14 Nov 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 43 sq meters or 462 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 December 2002 the House Price Index for GREATER LONDON was 58.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 155.477%.Applying this 155.477% change to the original purchase price of £120,000 results in an estimated price of approximately £306,572.
18 Dec 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
58.6 | 149.7 | 155.477 % | £120,000 | £186,572 | £306,572 |
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 | 198.804 % | £238,565 | £358,565 |
3 Month Average | 115.555 % | £138,666 | £258,666 |
6 Month Average | 132.605 % | £159,125 | £279,125 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Apr 2024 | £458,986 | £455,000 | 171 SALISBURY AVENUE |
7 Aug 2023 | £320,786 | £315,000 | 39 SURREY ROAD |
17 Jun 2022 | £258,015 | £252,500 | 116 GREENSLADE ROAD |
25 Jun 2021 | £183,747 | £170,000 | 117 GREENSLADE ROAD |
20 Nov 2020 | £210,228 | £180,000 | 100 GREENSLADE ROAD |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 8 Sep 2016. Using an estimated price of £306,572 means this house is valued at £7,129 per sq meter (£662 per sq foot).
The average size of a house on GREENSLADE ROAD is 47 sq meters (506 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Public order | Unable to prosecute suspect | On or near Greaves Close |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greaves Close |