£352,441
This estimated value is based upon the latest sale price for the house of £275,000 on 17 May 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 |
|---|---|
| £275,000 | 17 May 2017 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 Apr 2024 is 148.0 which is a change of 28.161%.Applying this 28.161% change to the original purchase price of £275,000 results in an estimated price of approximately £352,441.
| 17 May 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.0 | 28.161 % | £275,000 | £77,441 | £352,441 |
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 | -14.739 % | £-40,532 | £234,467 |
| 3 Month Average | -5.548 % | £-15,255 | £259,744 |
| 6 Month Average | 9.619 % | £26,452 | £301,452 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £580,992 | £570,000 | 85 SHIRLEY GARDENS |
| 15 Jul 2022 | £514,305 | £515,000 | 64 HURSTBOURNE GARDENS |
| 15 Mar 2022 | £443,794 | £430,000 | 122 SHIRLEY GARDENS |
| 18 May 2021 | £619,011 | £550,000 | 62 HURSTBOURNE GARDENS |
| 16 Dec 2020 | £504,098 | £441,000 | 67 HURSTBOURNE GARDENS |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 18 Oct 2016. Using an estimated price of £352,442 means this house is valued at £3,830 per sq meter (£355 per sq foot).
The average size of a house on HURSTBOURNE GARDENS is 114 sq meters (1,233 sq feet).