£451,557
This estimated value is based upon the latest sale price for the house of £236,450 on 7 Sep 2004. 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 |
|---|---|
| £236,450 | 7 Sep 2004 |
| £79,000 | 12 Jun 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 2004 the House Price Index for GREATER LONDON was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £236,450 results in an estimated price of approximately £451,557.
| 7 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 148.6 | 90.974 % | £236,450 | £215,107 | £451,557 |
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 | 54.067 % | £127,841 | £364,291 |
| 3 Month Average | 41.636 % | £98,448 | £334,898 |
| 6 Month Average | 90.256 % | £213,409 | £449,859 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £471,988 | £465,000 | 261 SALISBURY AVENUE |
| 20 Nov 2023 | £360,335 | £355,000 | 16 ODELL CLOSE |
| 31 Aug 2023 | £542,244 | £537,500 | 216 SALISBURY AVENUE |
| 30 Jun 2023 | £809,809 | £800,000 | 124 UPNEY LANE |
| 22 Jun 2023 | £506,131 | £500,000 | 237 WILMINGTON GARDENS |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 24 Jun 2015. Using an estimated price of £451,557 means this house is valued at £3,826 per sq meter (£355 per sq foot).
The average size of a house on SALISBURY AVENUE is 105 sq meters (1,138 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Odell Close | |
| Jan 2024 | Anti-social behaviour | On or near Odell Close | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Odell Close |
| Jan 2024 | Anti-social behaviour | On or near Odell Close | |
| Dec 2023 | Other crime | Under investigation | On or near Goodey Road |