£236,013
This estimated value is based upon the latest sale price for the house of £227,500 on 1 Apr 2022. 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 |
---|---|
£227,500 | 1 Apr 2022 |
Flats/Maisonettes |
Leasehold |
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 2022 the House Price Index for GREATER LONDON was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £227,500 results in an estimated price of approximately £236,013.
1 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 149.7 | 3.742 % | £227,500 | £8,513 | £236,013 |
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 | -12.241 % | £-27,847 | £199,652 |
3 Month Average | -11.720 % | £-26,663 | £200,836 |
6 Month Average | 11.533 % | £26,237 | £253,737 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Oct 2023 | £249,671 | £244,000 | 198 MORLEY ROAD |
11 Oct 2023 | £634,409 | £620,000 | 290 HOWARD ROAD |
26 Jul 2022 | £267,682 | £265,000 | 19 HOWARD COURT HOWARD ROAD |
1 Apr 2022 | £236,013 | £227,500 | 176 MORLEY ROAD |
7 Jan 2022 | £376,370 | £355,000 | 150 MORLEY ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Morley Road | |
Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Morley Road |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Morley Road |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morley Road |
Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Morley Road |