£278,122
This estimated value is based upon the latest sale price for the house of £242,000 on 28 Jul 2021. 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 |
|---|---|
| £242,000 | 28 Jul 2021 |
| £135,000 | 26 Jan 2005 |
| £125,000 | 25 Jul 2003 |
| £89,995 | 25 Jan 2002 |
| £69,500 | 28 Jul 2000 |
| £44,000 | 7 Aug 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 2021 the House Price Index for GREATER LONDON was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £242,000 results in an estimated price of approximately £278,122.
| 28 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.6 | 14.927 % | £242,000 | £36,122 | £278,122 |
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 | 31.841 % | £77,055 | £319,055 |
| 3 Month Average | -21.180 % | £-51,255 | £190,744 |
| 6 Month Average | 4.184 % | £10,124 | £252,124 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £524,171 | £515,000 | 61 CAVENDISH GARDENS |
| 26 Sep 2023 | £263,367 | £260,000 | 339 LONGBRIDGE ROAD |
| 13 Sep 2023 | £220,823 | £218,000 | 333 LONGBRIDGE ROAD |
| 12 Sep 2023 | £206,642 | £204,000 | 271 LONGBRIDGE ROAD |
| 7 Jul 2023 | £283,820 | £280,000 | 441 LONGBRIDGE ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 9 Jan 2015. Using an estimated price of £278,122 means this house is valued at £3,862 per sq meter (£358 per sq foot).
The average size of a house on LONGBRIDGE ROAD is 71 sq meters (768 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cavendish Gardens |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Cavendish Gardens |
| Dec 2023 | Robbery | Under investigation | On or near Cavendish Gardens |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Cavendish Gardens |
| Jan 2024 | Anti-social behaviour | On or near Seaton Avenue |