£408,939
This estimated value is based upon the latest sale price for the house of £88,000 on 27 Aug 1998. 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 |
|---|---|
| £88,000 | 27 Aug 1998 |
| Terraced |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 1998 the House Price Index for GREATER LONDON was 31.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 364.704%.Applying this 364.704% change to the original purchase price of £88,000 results in an estimated price of approximately £408,939.
| 27 Aug 1998 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 148.0 | 364.704 % | £88,000 | £320,939 | £408,939 |
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 | 291.623 % | £256,628 | £344,628 |
| 3 Month Average | 234.496 % | £206,356 | £294,356 |
| 6 Month Average | 308.110 % | £271,136 | £359,136 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £293,771 | £290,000 | 30 WILMINGTON GARDENS |
| 23 Aug 2023 | £503,059 | £500,000 | 51 WILMINGTON GARDENS |
| 22 Aug 2023 | £426,594 | £424,000 | 52 ALDERSEY GARDENS |
| 3 Jul 2023 | £676,398 | £670,000 | 3 STRATHFIELD GARDENS |
| 14 Mar 2023 | £550,978 | £548,000 | 34 WILMINGTON GARDENS |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 16 Apr 2014. Using an estimated price of £408,940 means this house is valued at £3,684 per sq meter (£342 per sq foot).
The average size of a house on ALDERSEY GARDENS is 124 sq meters (1,339 sq feet).