£526,008
This estimated value is based upon the latest sale price for the house of £146,000 on 20 Dec 2000. 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 |
|---|---|
| £146,000 | 20 Dec 2000 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 December 2000 the House Price Index for GREATER LONDON was 41.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 260.280%.Applying this 260.280% change to the original purchase price of £146,000 results in an estimated price of approximately £526,008.
| 20 Dec 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.2 | 148.6 | 260.280 % | £146,000 | £380,008 | £526,008 |
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 | 153.660 % | £224,344 | £370,344 |
| 3 Month Average | 154.298 % | £225,275 | £371,275 |
| 6 Month Average | 247.871 % | £361,892 | £507,892 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £360,335 | £355,000 | 16 ODELL CLOSE |
| 21 Apr 2023 | £277,993 | £275,000 | 45 PAYNE CLOSE |
| 29 Jul 2022 | £451,215 | £450,000 | 2 GOODEY ROAD |
| 18 Feb 2022 | £487,643 | £465,000 | 31 GOODEY ROAD |
| 9 Dec 2021 | £443,550 | £414,000 | 18 ODELL CLOSE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 26 Oct 2019. Using an estimated price of £526,008 means this house is valued at £5,977 per sq meter (£555 per sq foot).
The average size of a house on GOODEY ROAD is 98 sq meters (1,065 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other crime | Under investigation | On or near Goodey Road |
| Jan 2024 | Anti-social behaviour | On or near Odell Close | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Odell Close |
| Jan 2024 | Anti-social behaviour | On or near Odell Close | |
| Jan 2024 | Anti-social behaviour | On or near Odell Close |