£382,970
This estimated value is based upon the latest sale price for the house of £310,000 on 22 Mar 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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42 Longbridge Road, Barking, IG11 8RT
Phone: 02035442507
| Price Paid | Date |
|---|---|
| £310,000 | 22 Mar 2019 |
| £222,000 | 29 Jan 2014 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 March 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £310,000 results in an estimated price of approximately £382,970.
| 22 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £310,000 | £72,970 | £382,970 |
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 | -14.362 % | £-44,523 | £265,476 |
| 3 Month Average | -8.516 % | £-26,398 | £283,601 |
| 6 Month Average | 12.003 % | £37,209 | £347,209 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £317,780 | £315,000 | 39 SURREY ROAD |
| 21 Apr 2023 | £454,898 | £450,000 | 8 SUFFOLK ROAD |
| 29 Mar 2023 | £291,749 | £289,000 | 17 NORFOLK ROAD |
| 30 Jun 2021 | £429,170 | £400,000 | 20 SUFFOLK ROAD |
| 27 May 2021 | £406,814 | £360,000 | 9 SUFFOLK ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 5 Sep 2018. Using an estimated price of £382,970 means this house is valued at £4,208 per sq meter (£390 per sq foot).
The average size of a house on NORFOLK ROAD is 83 sq meters (900 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Greaves Close |