£233,333
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 Apr 2024 is 148.0 which is a change of 2.564%.Applying this 2.564% change to the original purchase price of £227,500 results in an estimated price of approximately £233,333.
| 1 Apr 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.0 | 2.564 % | £227,500 | £5,833 | £233,333 |
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 | -32.859 % | £-74,753 | £152,746 |
| 3 Month Average | -24.424 % | £-55,565 | £171,934 |
| 6 Month Average | 9.777 % | £22,242 | £249,742 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2022 | £264,642 | £265,000 | 19 HOWARD COURT HOWARD ROAD |
| 1 Apr 2022 | £233,333 | £227,500 | 176 MORLEY ROAD |
| 7 Jan 2022 | £372,096 | £355,000 | 150 MORLEY ROAD |
| 5 Nov 2021 | £215,429 | £200,000 | 1 HOWARD COURT HOWARD ROAD |
| 21 Jun 2021 | £438,123 | £410,000 | 144 MORLEY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Robbery | Under investigation | On or near Morley Road |
| Apr 2024 | Anti-social behaviour | On or near Howard Road | |
| Apr 2024 | Anti-social behaviour | On or near Howard Road | |
| Apr 2024 | Vehicle crime | Under investigation | On or near Howard Road |
| Mar 2024 | Public order | Under investigation | On or near Howard Road |