£577,946
This estimated value is based upon the latest sale price for the house of £450,000 on 31 Jul 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 |
---|---|
£450,000 | 31 Jul 2017 |
£259,000 | 3 Nov 2004 |
Terraced |
Freehold |
Floor Area: 110 sq meters or 1,184 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 July 2017 the House Price Index for GREATER LONDON was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £450,000 results in an estimated price of approximately £577,946.
31 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 149.7 | 28.433 % | £450,000 | £127,946 | £577,946 |
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 | 74.658 % | £335,962 | £785,962 |
3 Month Average | 7.063 % | £31,783 | £481,783 |
6 Month Average | 13.821 % | £62,192 | £512,192 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £654,426 | £640,000 | 34 HULSE AVENUE |
14 Jun 2022 | £556,904 | £545,000 | 18 HULSE AVENUE |
31 Mar 2022 | £521,967 | £500,000 | 13 SHIRLEY GARDENS |
3 Feb 2022 | £554,640 | £525,000 | 9 HURSTBOURNE GARDENS |
30 Sep 2021 | £559,068 | £515,000 | 48 HURSTBOURNE GARDENS |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 7 Apr 2017. Using an estimated price of £577,947 means this house is valued at £5,254 per sq meter (£488 per sq foot).
The average size of a house on HURSTBOURNE GARDENS is 114 sq meters (1,233 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2024 | Other crime | Under investigation | On or near Hurstbourne Gardens |
Oct 2024 | Anti-social behaviour | On or near Hurstbourne Gardens | |
Oct 2024 | Anti-social behaviour | On or near Hurstbourne Gardens | |
Aug 2024 | Drugs | Local resolution | On or near Hurstbourne Gardens |
Nov 2024 | Other theft | Investigation complete; no suspect identified | On or near Shirley Gardens |