£248,737
This estimated value is based upon the latest sale price for the house of £205,000 on 12 Mar 2020. 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 |
|---|---|
| £205,000 | 12 Mar 2020 |
| £79,000 | 10 May 2002 |
| £52,500 | 28 Oct 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 March 2020 the House Price Index for GREATER LONDON was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £205,000 results in an estimated price of approximately £248,737.
| 12 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £205,000 | £43,737 | £248,737 |
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 | -4.059 % | £-8,320 | £196,679 |
| 3 Month Average | 13.744 % | £28,175 | £233,175 |
| 6 Month Average | 3.653 % | £7,488 | £212,488 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £184,183 | £180,000 | 5 GREENSLADE ROAD |
| 18 Aug 2023 | £222,004 | £218,000 | 32 GREENSLADE ROAD |
| 5 Aug 2022 | £185,869 | £185,000 | 49 GREENSLADE ROAD |
| 15 Jul 2022 | £207,075 | £205,000 | 51 GREENSLADE ROAD |
| 13 May 2022 | £220,751 | £215,000 | 3 GREENSLADE ROAD |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 14 Dec 2018. Using an estimated price of £248,737 means this house is valued at £5,653 per sq meter (£525 per sq foot).
The average size of a house on GREENSLADE ROAD is 47 sq meters (506 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Salisbury Avenue |