£593,690
This estimated value is based upon the latest sale price for the house of £500,000 on 11 Sep 2020. 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 |
|---|---|
| £500,000 | 11 Sep 2020 |
| £194,000 | 7 Dec 2017 |
| £247,500 | 23 Aug 2004 |
| Terraced |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 September 2020 the House Price Index for GREATER LONDON was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £500,000 results in an estimated price of approximately £593,690.
| 11 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £500,000 | £93,690 | £593,690 |
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 | 152.525 % | £762,626 | £1,262,626 |
| 3 Month Average | -24.818 % | £-124,087 | £375,912 |
| 6 Month Average | 1.302 % | £6,509 | £506,509 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2023 | £626,748 | £620,000 | 215 WESTROW DRIVE |
| 28 Oct 2022 | £456,089 | £461,000 | 252 WESTROW DRIVE |
| 29 Apr 2022 | £499,453 | £485,000 | 8 BRADFIELD DRIVE |
| 18 Mar 2022 | £544,038 | £525,000 | 230 WESTROW DRIVE |
| 17 Feb 2022 | £608,243 | £580,000 | 199 WESTROW DRIVE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 7 Oct 2017. Using an estimated price of £593,691 means this house is valued at £5,348 per sq meter (£496 per sq foot).
The average size of a house on WESTROW DRIVE is 121 sq meters (1,308 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Bradfield Drive |