£576,781
This estimated value is based upon the latest sale price for the house of £550,000 on 24 Feb 2022. 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 |
|---|---|
| £550,000 | 24 Feb 2022 |
| £107,000 | 22 Nov 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 2022 the House Price Index for GREATER LONDON was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £550,000 results in an estimated price of approximately £576,781.
| 24 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £550,000 | £26,781 | £576,781 |
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 | -22.987 % | £-126,426 | £423,573 |
| 3 Month Average | 3.653 % | £20,093 | £570,093 |
| 6 Month Average | 11.294 % | £62,119 | £612,119 |
| 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 |
| 18 Aug 2023 | £262,295 | £260,000 | 258A LONGBRIDGE ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 23 Jul 2021. Using an estimated price of £576,782 means this house is valued at £5,291 per sq meter (£491 per sq foot).
The average size of a house on CAVENDISH GARDENS is 117 sq meters (1,268 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Brockdish Avenue |
| 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 | Vehicle crime | Investigation complete; no suspect identified | On or near Cavendish Gardens |
| Dec 2023 | Robbery | Under investigation | On or near Cavendish Gardens |