£432,021
This estimated value is based upon the latest sale price for the house of £250,000 on 5 Jan 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Oakley Avenue
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3 Faircross Parade, Longbridge Road, Barking, IG11 8UN
Phone: 02080338686
| Price Paid | Date |
|---|---|
| £250,000 | 5 Jan 2011 |
| £184,995 | 24 Jul 2002 |
| £143,000 | 18 Apr 2001 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 997 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 January 2011 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.808%.Applying this 72.808% change to the original purchase price of £250,000 results in an estimated price of approximately £432,021.
| 5 Jan 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.808 % | £250,000 | £182,021 | £432,021 |
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 | 126.684 % | £316,709 | £566,709 |
| 3 Month Average | 60.863 % | £152,156 | £402,156 |
| 6 Month Average | 68.400 % | £170,999 | £420,999 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £570,286 | £560,000 | 14 OAKLEY AVENUE |
| 18 Nov 2022 | £535,496 | £538,000 | 29 THE DRIVE |
| 8 Apr 2022 | £534,272 | £515,000 | 29 EDGEFIELD AVENUE |
| 1 Nov 2019 | £599,229 | £485,000 | 33 EDGEFIELD AVENUE |
| 26 Jul 2019 | £714,440 | £575,000 | 23 EDGEFIELD AVENUE |
This house has a floor area of 92 sq meters or 997 sq feet when measured on 1 Jun 2010. Using an estimated price of £432,021 means this house is valued at £4,660 per sq meter (£432 per sq foot).
The average size of a house on OAKLEY AVENUE is 113 sq meters (1,220 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Oakley Avenue |
| Oct 2024 | Anti-social behaviour | On or near Oakley Avenue | |
| Oct 2024 | Burglary | Under investigation | On or near Oakley Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cornwall Close |
| Aug 2024 | Robbery | Unable to prosecute suspect | On or near Edgefield Avenue |