£463,183
This estimated value is based upon the latest sale price for the house of £268,000 on 7 Dec 2009. 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 |
|---|---|
| £268,000 | 7 Dec 2009 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 913 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 December 2009 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £268,000 results in an estimated price of approximately £463,183.
| 7 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.830 % | £268,000 | £195,183 | £463,183 |
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 | 31.829 % | £85,302 | £353,302 |
| 3 Month Average | 45.713 % | £122,511 | £390,511 |
| 6 Month Average | 94.569 % | £253,445 | £521,445 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £436,462 | £430,000 | 83 MEADOW ROAD |
| 4 Aug 2023 | £564,942 | £560,000 | 14 OAKLEY AVENUE |
| 30 Nov 2022 | £508,836 | £515,000 | 4 EDGEFIELD AVENUE |
| 8 Apr 2022 | £530,347 | £515,000 | 29 EDGEFIELD AVENUE |
| 24 Mar 2022 | £707,767 | £683,000 | 38 EDGEFIELD AVENUE |
This house has a floor area of 84 sq meters or 913 sq feet when measured on 26 Aug 2009. Using an estimated price of £463,184 means this house is valued at £5,456 per sq meter (£506 per sq foot).
The average size of a house on EDGEFIELD AVENUE is 113 sq meters (1,221 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Edgefield Avenue |
| Dec 2023 | Anti-social behaviour | On or near Edgefield Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Edgefield Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Edgefield Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Edgefield Avenue |