£344,721
This estimated value is based upon the latest sale price for the house of £280,000 on 24 May 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Eldred Road
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42 Longbridge Road, Barking, IG11 8RT
Phone: 02035442507
| Price Paid | Date |
|---|---|
| £280,000 | 24 May 2019 |
| £147,000 | 10 May 2004 |
| £56,000 | 17 May 1999 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.115%.Applying this 23.115% change to the original purchase price of £280,000 results in an estimated price of approximately £344,721.
| 24 May 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.115 % | £280,000 | £64,721 | £344,721 |
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 | -7.641 % | £-21,393 | £258,606 |
| 3 Month Average | -17.378 % | £-48,657 | £231,342 |
| 6 Month Average | 10.795 % | £30,224 | £310,224 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £366,237 | £365,000 | 47 WEDDERBURN ROAD |
| 8 Nov 2023 | £359,617 | £355,000 | 56 ELDRED ROAD |
| 27 Jun 2023 | £367,984 | £365,000 | 51 WEDDERBURN ROAD |
| 26 Jun 2023 | £380,082 | £377,000 | 80 WEDDERBURN ROAD |
| 20 Mar 2023 | £351,902 | £350,000 | 37 WEDDERBURN ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 4 Jan 2019. Using an estimated price of £344,721 means this house is valued at £5,560 per sq meter (£516 per sq foot).
The average size of a house on WEDDERBURN ROAD is 71 sq meters (774 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Eldred Road | |
| Apr 2024 | Drugs | Under investigation | On or near Eldred Road |
| Mar 2024 | Anti-social behaviour | On or near Eldred Road | |
| Mar 2024 | Burglary | Under investigation | On or near Eldred Road |
| Feb 2024 | Anti-social behaviour | On or near Eldred Road |