£287,720
This estimated value is based upon the latest sale price for the house of £190,000 on 29 Aug 2014. 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 |
|---|---|
| £190,000 | 29 Aug 2014 |
| £195,000 | 25 Jul 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 August 2014 the House Price Index for GREATER LONDON was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £190,000 results in an estimated price of approximately £287,720.
| 29 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £190,000 | £97,720 | £287,720 |
The Postcode Pricing Model uses changes in average sales price within the IG3 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 | 46.032 % | £87,460 | £277,460 |
| 3 Month Average | 27.484 % | £52,219 | £242,219 |
| 6 Month Average | 43.032 % | £81,760 | £271,760 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £259,268 | £257,000 | 8 CLARK GROVE |
| 10 Mar 2023 | £191,807 | £190,000 | 12 CLARK GROVE |
| 12 Aug 2022 | £366,015 | £367,000 | 32 HARMAN RISE |
| 8 Jul 2022 | £456,228 | £455,000 | 23 CRAIGEN GARDENS |
| 15 Jun 2022 | £207,939 | £205,000 | 189 LOXFORD LANE |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 30 Nov 2018. Using an estimated price of £287,720 means this house is valued at £5,533 per sq meter (£514 per sq foot).
The average size of a house on CLARK GROVE is 56 sq meters (604 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Craigen Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Craigen Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Craigen Gardens | |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Craigen Gardens |
| Dec 2023 | Anti-social behaviour | On or near Craigen Gardens |