£179,617
This estimated value is based upon the latest sale price for the house of £111,000 on 12 Apr 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Essex Road
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42 Longbridge Road, Barking, IG11 8RT
Phone: 02035442507
| Price Paid | Date |
|---|---|
| £111,000 | 12 Apr 2007 |
| £53,500 | 3 Aug 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 April 2007 the House Price Index for GREATER LONDON was 92.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.818%.Applying this 61.818% change to the original purchase price of £111,000 results in an estimated price of approximately £179,617.
| 12 Apr 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 149.7 | 61.818 % | £111,000 | £68,617 | £179,617 |
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 | 67.462 % | £74,882 | £185,882 |
| 3 Month Average | 76.550 % | £84,969 | £195,969 |
| 6 Month Average | 74.451 % | £82,640 | £193,640 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £150,314 | £147,000 | FLAT 4 BRIDGE HOUSE, 86 ESSEX ROAD |
| 3 Oct 2022 | £199,334 | £200,000 | 48A ESSEX ROAD |
| 27 Jul 2022 | £404,049 | £400,000 | 106 SUFFOLK ROAD |
| 28 Feb 2022 | £396,171 | £375,000 | 63 ESSEX ROAD |
| 23 Feb 2022 | £528,229 | £500,000 | 73 ESSEX ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 1 Dec 2018. Using an estimated price of £179,618 means this house is valued at £4,276 per sq meter (£397 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 | Burglary | Under investigation | On or near Essex Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Essex Road |