£483,287
This estimated value is based upon the latest sale price for the house of £141,000 on 25 May 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 |
---|---|
£141,000 | 25 May 2001 |
Terraced |
Freehold |
Floor Area: 134 sq meters or 1,442 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 May 2001 the House Price Index for GREATER LONDON was 43.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 242.757%.Applying this 242.757% change to the original purchase price of £141,000 results in an estimated price of approximately £483,287.
25 May 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
43.4 | 148.6 | 242.757 % | £141,000 | £342,287 | £483,287 |
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 | 89.076 % | £125,596 | £266,596 |
3 Month Average | 201.393 % | £283,964 | £424,964 |
6 Month Average | 220.216 % | £310,505 | £451,505 |
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 |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 25 Mar 2013. Using an estimated price of £483,288 means this house is valued at £3,606 per sq meter (£335 per sq foot).
The average size of a house on HENLEY ROAD is 98 sq meters (1,063 sq feet).