£414,350
This estimated value is based upon the latest sale price for the house of £322,000 on 24 May 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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3 Faircross Parade, Longbridge Road, Barking, IG11 8UN
Phone: 02080338686
| Price Paid | Date |
|---|---|
| £322,000 | 24 May 2017 |
| £275,000 | 10 Jun 2015 |
| £104,000 | 14 Sep 2001 |
| £109,995 | 25 Aug 2000 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 May 2017 the House Price Index for GREATER LONDON was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £322,000 results in an estimated price of approximately £414,350.
| 24 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £322,000 | £92,350 | £414,350 |
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 | -31.611 % | £-101,788 | £220,211 |
| 3 Month Average | -9.740 % | £-31,363 | £290,636 |
| 6 Month Average | 16.160 % | £52,034 | £374,034 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £360,335 | £355,000 | 16 ODELL CLOSE |
| 12 Jul 2023 | £197,660 | £195,000 | 78 CHAMPNESS ROAD |
| 10 Jul 2023 | £492,630 | £486,000 | 5 SANDRINGHAM ROAD |
| 30 Jun 2023 | £809,809 | £800,000 | 124 UPNEY LANE |
| 18 Nov 2022 | £281,589 | £285,000 | 20 CHAMPNESS ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 22 Jan 2015. Using an estimated price of £414,351 means this house is valued at £7,399 per sq meter (£687 per sq foot).
The average size of a house on CHAMPNESS ROAD is 66 sq meters (714 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other crime | Investigation complete; no suspect identified | On or near Upney Lane |
| Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Upney Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Odell Close |
| Jan 2024 | Anti-social behaviour | On or near Odell Close | |
| Jan 2024 | Anti-social behaviour | On or near Odell Close |