£556,636
This estimated value is based upon the latest sale price for the house of £425,000 on 28 Feb 2017. 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 |
|---|---|
| £425,000 | 28 Feb 2017 |
| £290,000 | 26 Oct 2007 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 February 2017 the House Price Index for GREATER LONDON was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £425,000 results in an estimated price of approximately £556,636.
| 28 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 149.7 | 30.973 % | £425,000 | £131,636 | £556,636 |
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 | 55.814 % | £237,208 | £662,208 |
| 3 Month Average | 18.282 % | £77,697 | £502,697 |
| 6 Month Average | 11.518 % | £48,949 | £473,949 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2023 | £422,910 | £415,000 | 38 WOODBRIDGE ROAD |
| 17 Jun 2022 | £784,264 | £767,500 | 28 WOODBRIDGE ROAD |
| 18 Jun 2021 | £518,816 | £480,000 | 5 HALSHAM CRESCENT |
| 23 Nov 2020 | £256,946 | £220,000 | 59 DEREHAM ROAD |
| 18 Nov 2020 | £537,250 | £460,000 | 11 WOODBRIDGE ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 18 Sep 2016. Using an estimated price of £556,637 means this house is valued at £6,050 per sq meter (£562 per sq foot).
The average size of a house on OULTON CRESCENT is 115 sq meters (1,247 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Stratton Drive | |
| Apr 2024 | Anti-social behaviour | On or near Stratton Drive | |
| Apr 2024 | Anti-social behaviour | On or near Stratton Drive | |
| Apr 2024 | Anti-social behaviour | On or near Stratton Drive | |
| Apr 2024 | Anti-social behaviour | On or near Dereham Road |