£617,107
This estimated value is based upon the latest sale price for the house of £420,000 on 1 Apr 2015. 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 |
|---|---|
| £420,000 | 1 Apr 2015 |
| £154,995 | 24 Sep 1999 |
| Terraced |
| Freehold |
| Floor Area: 128 sq meters or 1,381 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 2015 the House Price Index for GREATER LONDON was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £420,000 results in an estimated price of approximately £617,107.
| 1 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.6 | 46.930 % | £420,000 | £197,107 | £617,107 |
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 | 10.496 % | £44,082 | £464,082 |
| 3 Month Average | 6.912 % | £29,030 | £449,030 |
| 6 Month Average | 55.568 % | £233,385 | £653,385 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2023 | £419,517 | £415,000 | 38 WOODBRIDGE ROAD |
| 17 Jun 2022 | £778,502 | £767,500 | 28 WOODBRIDGE ROAD |
| 18 Jun 2021 | £515,004 | £480,000 | 5 HALSHAM CRESCENT |
| 23 Nov 2020 | £255,058 | £220,000 | 59 DEREHAM ROAD |
| 18 Dec 2019 | £502,973 | £410,000 | 13 OULTON CRESCENT |
This house has a floor area of 128 sq meters or 1,381 sq feet when measured on 11 May 2010. Using an estimated price of £617,108 means this house is valued at £4,808 per sq meter (£446 per sq foot).
The average size of a house on OULTON CRESCENT is 115 sq meters (1,247 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stratton Drive |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Stratton Drive |