£366,987
This estimated value is based upon the latest sale price for the house of £205,000 on 28 Feb 2006. 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 | 28 Feb 2006 |
£195,000 | 3 Dec 2003 |
£68,000 | 31 Jul 1998 |
Terraced |
Freehold |
Floor Area: 89 sq meters or 957 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 February 2006 the House Price Index for GREATER LONDON was 83.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.018%.Applying this 79.018% change to the original purchase price of £205,000 results in an estimated price of approximately £366,987.
28 Feb 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.6 | 149.7 | 79.018 % | £205,000 | £161,987 | £366,987 |
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 | 118.778 % | £243,495 | £448,495 |
3 Month Average | 68.223 % | £139,857 | £344,857 |
6 Month Average | 73.436 % | £150,544 | £355,544 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Jul 2024 | £465,000 | £465,000 | 129 MOVERS LANE |
7 Jun 2024 | £270,000 | £270,000 | 16 KENNEDY ROAD |
10 Nov 2023 | £461,720 | £450,000 | 141 MOVERS LANE |
24 Aug 2023 | £352,355 | £346,000 | 44 KENNEDY ROAD |
17 Mar 2023 | £392,556 | £386,000 | 2 KENNEDY ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 21 Aug 2017. Using an estimated price of £366,988 means this house is valued at £4,123 per sq meter (£383 per sq foot).
The average size of a house on MOVERS LANE is 84 sq meters (912 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Movers Lane |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Movers Lane |
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Movers Lane |
Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Kennedy Road |
Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near St John'S Road |