£399,460
This estimated value is based upon the latest sale price for the house of £400,000 on 4 Jul 2022. 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 |
|---|---|
| £400,000 | 4 Jul 2022 |
| Terraced |
| Freehold |
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 2022 the House Price Index for GREATER LONDON was 148.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.135%.Applying this -0.135% change to the original purchase price of £400,000 results in an estimated price of approximately £399,460.
| 4 Jul 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.0 | -0.135 % | £400,000 | £-539 | £399,460 |
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 | 61.177 % | £244,707 | £644,707 |
| 3 Month Average | -14.680 % | £-58,718 | £341,281 |
| 6 Month Average | -15.598 % | £-62,392 | £337,607 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jan 2023 | £223,041 | £225,000 | 64 JOHN BURNS DRIVE |
| 12 Jan 2023 | £218,084 | £220,000 | 12 JOHN BURNS DRIVE |
| 6 Oct 2022 | £359,654 | £365,000 | 1 LANCASTER AVENUE |
| 4 Jul 2022 | £399,460 | £400,000 | 32 LANCASTER AVENUE |
| 3 Mar 2022 | £350,907 | £340,000 | 41 CONISTON AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Lancaster Avenue | |
| Mar 2024 | Drugs | Under investigation | On or near Lancaster Avenue |
| Mar 2024 | Other theft | Under investigation | On or near Lancaster Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lancaster Avenue |
| Mar 2024 | Public order | Under investigation | On or near Lancaster Avenue |