£652,793
This estimated value is based upon the latest sale price for the house of £530,000 on 26 Apr 2019. 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 |
|---|---|
| £530,000 | 26 Apr 2019 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 April 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 23.169%.Applying this 23.169% change to the original purchase price of £530,000 results in an estimated price of approximately £652,793.
| 26 Apr 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.169 % | £530,000 | £122,793 | £652,793 |
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 | -46.774 % | £-247,903 | £282,096 |
| 3 Month Average | -12.719 % | £-67,408 | £462,591 |
| 6 Month Average | 6.990 % | £37,046 | £567,046 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2023 | £418,108 | £415,000 | 38 WOODBRIDGE ROAD |
| 17 Jun 2022 | £775,358 | £767,500 | 28 WOODBRIDGE ROAD |
| 18 Jun 2021 | £512,924 | £480,000 | 5 HALSHAM CRESCENT |
| 23 Nov 2020 | £254,028 | £220,000 | 59 DEREHAM ROAD |
| 18 Nov 2020 | £531,149 | £460,000 | 11 WOODBRIDGE ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 23 Feb 2019. Using an estimated price of £652,794 means this house is valued at £7,173 per sq meter (£666 per sq foot).
The average size of a house on OULTON CRESCENT is 115 sq meters (1,247 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oulton Crescent |
| Mar 2024 | Possession of weapons | Under investigation | On or near Oulton Crescent |
| Apr 2024 | Anti-social behaviour | On or near Stratton Drive | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stratton Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stratton Drive |