£481,003
This estimated value is based upon the latest sale price for the house of £146,750 on 21 Sep 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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204 Longbridge Road, Barking, IG11 8SY
Phone: 02035899938
| Price Paid | Date |
|---|---|
| £146,750 | 21 Sep 2001 |
| Terraced |
| Freehold |
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 2001 the House Price Index for GREATER LONDON was 45.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 227.771%.Applying this 227.771% change to the original purchase price of £146,750 results in an estimated price of approximately £481,003.
| 21 Sep 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.3 | 148.6 | 227.771 % | £146,750 | £334,253 | £481,003 |
The Postcode Pricing Model uses changes in average sales price within the IG1 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 | 81.173 % | £119,121 | £265,871 |
| 3 Month Average | 194.605 % | £285,583 | £432,333 |
| 6 Month Average | 203.424 % | £298,524 | £445,274 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £655,737 | £650,000 | 121 GORDON ROAD |
| 2 Feb 2023 | £424,714 | £425,000 | 296 HAMPTON ROAD |
| 17 Feb 2022 | £483,448 | £461,000 | 155 GORDON ROAD |
| 28 Jan 2022 | £384,129 | £365,000 | 283 MORTLAKE ROAD |
| 10 Nov 2021 | £502,904 | £465,000 | 31 SOUTH PARK ROAD |