£696,643
This estimated value is based upon the latest sale price for the house of £560,000 on 24 Sep 2018. 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 |
|---|---|
| £560,000 | 24 Sep 2018 |
| £307,000 | 12 Aug 2011 |
| £295,000 | 27 Feb 2004 |
| Terraced |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 September 2018 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £560,000 results in an estimated price of approximately £696,643.
| 24 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £560,000 | £136,643 | £696,643 |
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 | 21.032 % | £117,780 | £677,780 |
| 3 Month Average | 4.542 % | £25,433 | £585,433 |
| 6 Month Average | 3.198 % | £17,908 | £577,908 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £654,426 | £640,000 | 34 HULSE AVENUE |
| 22 Aug 2023 | £431,788 | £424,000 | 52 ALDERSEY GARDENS |
| 14 Jun 2022 | £556,904 | £545,000 | 18 HULSE AVENUE |
| 19 May 2022 | £1,018,535 | £992,000 | 160 LONGBRIDGE ROAD |
| 30 Nov 2021 | £217,565 | £199,689 | 32 ALDERSEY GARDENS |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 30 Jan 2018. Using an estimated price of £696,644 means this house is valued at £6,057 per sq meter (£562 per sq foot).
The average size of a house on STRATHFIELD GARDENS is 143 sq meters (1,544 sq feet).