£428,142
This estimated value is based upon the latest sale price for the house of £270,000 on 14 Mar 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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29 Longbridge Road, Barking, IG11 8TN
Phone: 02034783385
Price Paid | Date |
---|---|
£270,000 | 14 Mar 2014 |
Terraced |
Freehold |
Floor Area: 100 sq meters or 1,076 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 2014 the House Price Index for GREATER LONDON was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £270,000 results in an estimated price of approximately £428,142.
14 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 149.7 | 58.571 % | £270,000 | £158,142 | £428,142 |
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 | 84.920 % | £229,282 | £499,282 |
3 Month Average | 46.450 % | £125,415 | £395,415 |
6 Month Average | 58.406 % | £157,696 | £427,696 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Aug 2024 | £232,500 | £232,500 | 33 HEENAN CLOSE |
15 Nov 2021 | £185,218 | £170,000 | 34 FANSHAWE AVENUE |
30 Sep 2021 | £189,975 | £175,000 | 85 PARK AVENUE |
30 Sep 2021 | £493,934 | £455,000 | 114 PARK AVENUE |
30 Sep 2021 | £407,088 | £375,000 | 5 MONTEAGLE AVENUE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 11 Jul 2013. Using an estimated price of £428,143 means this house is valued at £4,281 per sq meter (£397 per sq foot).
The average size of a house on MONTEAGLE AVENUE is 88 sq meters (953 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Robbery | Under investigation | On or near Park Avenue |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Avenue |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Avenue |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Faircross Avenue |
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Faircross Avenue |