£703,620
This estimated value is based upon the latest sale price for the house of £450,000 on 7 Dec 2007. 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 |
|---|---|
| £450,000 | 7 Dec 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 149 sq meters or 1,609 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 December 2007 the House Price Index for GREATER LONDON was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £450,000 results in an estimated price of approximately £703,620.
| 7 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 149.7 | 56.360 % | £450,000 | £253,620 | £703,620 |
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 | 110.556 % | £497,499 | £947,499 |
| 3 Month Average | 47.401 % | £213,302 | £663,302 |
| 6 Month Average | 54.564 % | £245,537 | £695,537 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £516,736 | £505,000 | 3 VENTNOR GARDENS |
| 13 Oct 2023 | £613,944 | £600,000 | 35 LYNDHURST GARDENS |
| 22 Mar 2023 | £406,793 | £400,000 | 37 VENTNOR GARDENS |
| 26 Jul 2022 | £606,073 | £600,000 | 33 LYNDHURST GARDENS |
| 30 Mar 2022 | £238,017 | £228,000 | 20 FAIRCROSS MANSIONS LONGBRIDGE ROAD |
This house has a floor area of 149 sq meters or 1,609 sq feet when measured on 8 Jul 2009. Using an estimated price of £703,621 means this house is valued at £4,706 per sq meter (£437 per sq foot).
The average size of a house on LONGBRIDGE ROAD is 71 sq meters (768 sq feet).