£271,422
This estimated value is based upon the latest sale price for the house of £260,000 on 22 Mar 2022. 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 |
|---|---|
| £260,000 | 22 Mar 2022 |
| £146,995 | 23 Mar 2005 |
| £72,000 | 1 Jun 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 78 sq meters or 839 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 2022 the House Price Index for GREATER LONDON was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £260,000 results in an estimated price of approximately £271,422.
| 22 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £260,000 | £11,422 | £271,422 |
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 | 10.301 % | £26,782 | £286,782 |
| 3 Month Average | 20.473 % | £53,228 | £313,228 |
| 6 Month Average | 22.670 % | £58,940 | £318,940 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £499,000 | £490,000 | 76 CAVENDISH GARDENS |
| 10 Mar 2023 | £559,341 | £550,000 | 133 CAVENDISH GARDENS |
| 2 Mar 2023 | £488,152 | £480,000 | 205 CAVENDISH GARDENS |
| 17 Oct 2022 | £238,204 | £239,000 | 352 LONGBRIDGE ROAD |
| 28 Jul 2022 | £353,543 | £350,000 | 131 CAVENDISH GARDENS |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 3 Aug 2015. Using an estimated price of £271,423 means this house is valued at £3,479 per sq meter (£323 per sq foot).
The average size of a house on LONGBRIDGE ROAD is 71 sq meters (769 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Malvern Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Malvern Drive |
| Apr 2024 | Public order | Under investigation | On or near Sudbury Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sudbury Road |
| Apr 2024 | Burglary | Under investigation | On or near Broadhurst Avenue |