£274,888
This estimated value is based upon the latest sale price for the house of £206,000 on 31 Oct 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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29 Longbridge Road, Barking, IG11 8TN
Phone: 02034783385
| Price Paid | Date |
|---|---|
| £206,000 | 31 Oct 2016 |
| £126,000 | 29 Jul 2010 |
| £120,000 | 11 Jun 2004 |
| Terraced |
| Leasehold |
| Floor Area: 53 sq meters or 574 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 October 2016 the House Price Index for GREATER LONDON was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £206,000 results in an estimated price of approximately £274,888.
| 31 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £206,000 | £68,888 | £274,888 |
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 | 27.179 % | £55,988 | £261,988 |
| 3 Month Average | 12.329 % | £25,396 | £231,396 |
| 6 Month Average | 15.389 % | £31,700 | £237,700 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2024 | £232,500 | £232,500 | 33 HEENAN CLOSE |
| 15 Nov 2021 | £185,218 | £170,000 | 34 FANSHAWE AVENUE |
| 30 Sep 2021 | £189,975 | £175,000 | 85 PARK AVENUE |
| 30 Sep 2021 | £493,934 | £455,000 | 114 PARK AVENUE |
| 30 Sep 2021 | £407,088 | £375,000 | 5 MONTEAGLE AVENUE |
This house has a floor area of 53 sq meters or 574 sq feet when measured on 2 Nov 2009. Using an estimated price of £274,889 means this house is valued at £5,147 per sq meter (£478 per sq foot).
The average size of a house on MONTEAGLE AVENUE is 88 sq meters (953 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Robbery | Under investigation | On or near Park Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Faircross Avenue |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Faircross Avenue |