£404,505
This estimated value is based upon the latest sale price for the house of £325,000 on 7 Jun 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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204 Longbridge Road, Barking, IG11 8SY
Phone: 02035899938
| Price Paid | Date |
|---|---|
| £325,000 | 7 Jun 2019 |
| £183,000 | 6 Aug 2013 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 June 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £325,000 results in an estimated price of approximately £404,505.
| 7 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £325,000 | £79,505 | £404,505 |
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 | 122.140 % | £396,953 | £721,953 |
| 3 Month Average | 7.425 % | £24,132 | £349,132 |
| 6 Month Average | 15.382 % | £49,990 | £374,990 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £320,786 | £315,000 | 39 SURREY ROAD |
| 21 Apr 2023 | £458,577 | £450,000 | 8 SUFFOLK ROAD |
| 29 Mar 2023 | £293,908 | £289,000 | 17 NORFOLK ROAD |
| 17 Jun 2022 | £258,015 | £252,500 | 116 GREENSLADE ROAD |
| 26 Oct 2021 | £477,078 | £428,000 | 1 CONISTON CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 23 Apr 2019. Using an estimated price of £404,506 means this house is valued at £5,056 per sq meter (£469 per sq foot).
The average size of a house on SURREY ROAD is 83 sq meters (897 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Surrey Road |