£435,198
This estimated value is based upon the latest sale price for the house of £250,000 on 19 Jul 2011. 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 |
|---|---|
| £250,000 | 19 Jul 2011 |
| Terraced |
| Freehold |
| Floor Area: 112 sq meters or 1,212 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 July 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.080%.Applying this 74.080% change to the original purchase price of £250,000 results in an estimated price of approximately £435,198.
| 19 Jul 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.080 % | £250,000 | £185,198 | £435,198 |
The Postcode Pricing Model uses changes in average sales price within the IG3 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 | 61.558 % | £153,895 | £403,895 |
| 3 Month Average | 91.437 % | £228,593 | £478,593 |
| 6 Month Average | 79.015 % | £197,536 | £447,536 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Sep 2022 | £604,596 | £605,000 | 245 SOUTH PARK DRIVE |
| 8 Jul 2022 | £459,605 | £455,000 | 23 CRAIGEN GARDENS |
| 15 Jun 2022 | £209,478 | £205,000 | 189 LOXFORD LANE |
| 25 Jun 2021 | £443,155 | £410,000 | 38 CRAIGEN GARDENS |
| 20 Aug 2020 | £622,090 | £515,000 | 269 SOUTH PARK DRIVE |
This house has a floor area of 112 sq meters or 1,212 sq feet when measured on 15 Apr 2011. Using an estimated price of £435,199 means this house is valued at £3,862 per sq meter (£358 per sq foot).
The average size of a house on SOUTH PARK DRIVE is 115 sq meters (1,241 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near South Park Drive |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near South Park Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chudleigh Crescent |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chudleigh Crescent |