£585,346
This estimated value is based upon the latest sale price for the house of £475,000 on 12 Oct 2018. 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 |
|---|---|
| £475,000 | 12 Oct 2018 |
| £230,000 | 15 Aug 2003 |
| £85,000 | 20 Mar 1995 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 October 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £475,000 results in an estimated price of approximately £585,346.
| 12 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £475,000 | £110,346 | £585,346 |
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 | 13.838 % | £65,728 | £540,728 |
| 3 Month Average | -17.525 % | £-83,241 | £391,758 |
| 6 Month Average | 6.685 % | £31,752 | £506,752 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2023 | £419,517 | £415,000 | 38 WOODBRIDGE ROAD |
| 3 Apr 2023 | £540,823 | £535,000 | 30 HALSHAM CRESCENT |
| 17 Jun 2022 | £778,502 | £767,500 | 28 WOODBRIDGE ROAD |
| 14 Apr 2022 | £514,900 | £500,000 | 36 HALSHAM CRESCENT |
| 17 Dec 2021 | £524,975 | £490,000 | 38 HALSHAM CRESCENT |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 18 Jun 2018. Using an estimated price of £585,347 means this house is valued at £5,470 per sq meter (£508 per sq foot).
The average size of a house on WOODBRIDGE ROAD is 113 sq meters (1,220 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Brockdish Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cavendish Gardens |
| Dec 2023 | Robbery | Under investigation | On or near Cavendish Gardens |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Cavendish Gardens |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Cavendish Gardens |