£339,233
This estimated value is based upon the latest sale price for the house of £59,750 on 29 Feb 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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42 Longbridge Road, Barking, IG11 8RT
Phone: 02035442507
| Price Paid | Date |
|---|---|
| £59,750 | 29 Feb 1996 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 800 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 February 1996 the House Price Index for GREATER LONDON was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.755%.Applying this 467.755% change to the original purchase price of £59,750 results in an estimated price of approximately £339,233.
| 29 Feb 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 149.7 | 467.755 % | £59,750 | £279,483 | £339,233 |
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 | 360.623 % | £215,472 | £275,222 |
| 3 Month Average | 403.005 % | £240,795 | £300,545 |
| 6 Month Average | 384.356 % | £229,652 | £289,402 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £458,577 | £450,000 | 8 SUFFOLK ROAD |
| 29 Mar 2023 | £293,908 | £289,000 | 17 NORFOLK ROAD |
| 30 Sep 2021 | £244,253 | £225,000 | 290 RIPPLE ROAD |
| 14 Sep 2021 | £119,413 | £110,000 | 294B RIPPLE ROAD |
| 14 Sep 2021 | £81,418 | £75,000 | 294A RIPPLE ROAD |
This house has a floor area of 74 sq meters or 800 sq feet when measured on 26 Nov 2008. Using an estimated price of £339,234 means this house is valued at £4,559 per sq meter (£423 per sq foot).
The average size of a house on SUFFOLK ROAD is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Surrey Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Suffolk Road |