£454,287
This estimated value is based upon the latest sale price for the house of £299,995 on 21 Aug 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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3 Faircross Parade, Longbridge Road, Barking, IG11 8UN
Phone: 02080338686
Price Paid | Date |
---|---|
£299,995 | 21 Aug 2014 |
Semi-Detached |
Freehold |
Floor Area: 84 sq meters or 904 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 August 2014 the House Price Index for GREATER LONDON was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £299,995 results in an estimated price of approximately £454,287.
21 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 148.6 | 51.432 % | £299,995 | £154,292 | £454,287 |
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 | 11.961 % | £35,880 | £335,875 |
3 Month Average | 20.937 % | £62,808 | £362,803 |
6 Month Average | 54.542 % | £163,624 | £463,619 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £360,335 | £355,000 | 16 ODELL CLOSE |
12 Jul 2023 | £197,660 | £195,000 | 78 CHAMPNESS ROAD |
9 Jun 2023 | £283,433 | £280,000 | 23 RIDLEY CLOSE |
31 Mar 2023 | £279,635 | £277,000 | 25 RIDLEY CLOSE |
18 Nov 2022 | £281,589 | £285,000 | 20 CHAMPNESS ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 28 May 2014. Using an estimated price of £454,288 means this house is valued at £5,408 per sq meter (£502 per sq foot).
The average size of a house on CHAMPNESS ROAD is 66 sq meters (714 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Under investigation | On or near Ridley Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ridley Close |
Dec 2023 | Drugs | Offender given penalty notice | On or near Ridley Close |
Dec 2023 | Other crime | Investigation complete; no suspect identified | On or near Upney Lane |
Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Upney Lane |