£539,416
This estimated value is based upon the latest sale price for the house of £420,000 on 31 Jul 2017. 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 |
---|---|
£420,000 | 31 Jul 2017 |
£250,000 | 18 Dec 2009 |
£176,000 | 26 Jun 2002 |
£73,000 | 4 Sep 1996 |
Terraced |
Freehold |
Floor Area: 102 sq meters or 1,097 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 July 2017 the House Price Index for GREATER LONDON was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £420,000 results in an estimated price of approximately £539,416.
31 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 149.7 | 28.433 % | £420,000 | £119,416 | £539,416 |
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 | 74.658 % | £313,564 | £733,564 |
3 Month Average | 7.063 % | £29,664 | £449,664 |
6 Month Average | 13.821 % | £58,046 | £478,046 |
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 102 sq meters or 1,097 sq feet when measured on 25 Sep 2019. Using an estimated price of £539,417 means this house is valued at £5,288 per sq meter (£491 per sq foot).
The average size of a house on STRATHFIELD GARDENS is 143 sq meters (1,544 sq feet).