£441,117
This estimated value is based upon the latest sale price for the house of £305,000 on 30 Jun 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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42 Longbridge Road, Barking, IG11 8RT
Phone: 02035442507
| Price Paid | Date |
|---|---|
| £305,000 | 30 Jun 2015 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 June 2015 the House Price Index for GREATER LONDON was 102.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 44.629%.Applying this 44.629% change to the original purchase price of £305,000 results in an estimated price of approximately £441,117.
| 30 Jun 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.0 | 44.629 % | £305,000 | £136,117 | £441,117 |
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 | 37.459 % | £114,251 | £419,251 |
| 3 Month Average | 12.255 % | £37,376 | £342,376 |
| 6 Month Average | 40.775 % | £124,362 | £429,362 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Feb 2022 | £522,230 | £500,000 | 73 ESSEX ROAD |
| 28 May 2020 | £307,583 | £252,481 | 77 ST AWDRYS ROAD |
| 30 Apr 2020 | £449,925 | £368,000 | 79 ST AWDRYS ROAD |
| 30 Mar 2020 | £404,256 | £337,000 | 93 ESSEX ROAD |
| 8 Jul 2019 | £592,700 | £482,500 | 2 ST AWDRYS ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 26 Mar 2015. Using an estimated price of £441,117 means this house is valued at £4,743 per sq meter (£440 per sq foot).
The average size of a house on ESSEX ROAD is 88 sq meters (954 sq feet).