£257,680
This estimated value is based upon the latest sale price for the house of £147,000 on 5 Apr 2006. 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 |
|---|---|
| £147,000 | 5 Apr 2006 |
| Terraced |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 April 2006 the House Price Index for GREATER LONDON was 84.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 75.293%.Applying this 75.293% change to the original purchase price of £147,000 results in an estimated price of approximately £257,680.
| 5 Apr 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.8 | 148.6 | 75.293 % | £147,000 | £110,680 | £257,680 |
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 | 40.041 % | £58,860 | £205,860 |
| 3 Month Average | 33.614 % | £49,412 | £196,412 |
| 6 Month Average | 80.625 % | £118,518 | £265,518 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £494,325 | £490,000 | 76 CAVENDISH GARDENS |
| 7 Jul 2023 | £283,820 | £280,000 | 441 LONGBRIDGE ROAD |
| 30 Jun 2023 | £289,507 | £286,000 | 385 LONGBRIDGE ROAD |
| 2 Mar 2023 | £484,565 | £480,000 | 205 CAVENDISH GARDENS |
| 17 Oct 2022 | £236,454 | £239,000 | 352 LONGBRIDGE ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 7 Dec 2015. Using an estimated price of £257,681 means this house is valued at £4,090 per sq meter (£379 per sq foot).
The average size of a house on LONGBRIDGE ROAD is 71 sq meters (768 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Longbridge Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cavendish Gardens |
| Dec 2023 | Robbery | 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 |