£477,183
This estimated value is based upon the latest sale price for the house of £320,000 on 21 Nov 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 |
|---|---|
| £320,000 | 21 Nov 2014 |
| £236,000 | 15 Dec 2005 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 November 2014 the House Price Index for GREATER LONDON was 99.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 49.120%.Applying this 49.120% change to the original purchase price of £320,000 results in an estimated price of approximately £477,183.
| 21 Nov 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.0 | 49.120 % | £320,000 | £157,183 | £477,183 |
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 | 55.352 % | £177,127 | £497,127 |
| 3 Month Average | 19.326 % | £61,842 | £381,842 |
| 6 Month Average | 45.909 % | £146,907 | £466,907 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2022 | £512,820 | £500,000 | 52 DEREHAM ROAD |
| 11 Feb 2022 | £564,008 | £540,000 | 71 WOODBRIDGE ROAD |
| 4 Feb 2022 | £511,785 | £490,000 | 14 DEREHAM ROAD |
| 29 Sep 2021 | £611,748 | £570,000 | 28 DEREHAM ROAD |
| 23 Nov 2020 | £254,028 | £220,000 | 59 DEREHAM ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 9 Apr 2014. Using an estimated price of £477,183 means this house is valued at £5,243 per sq meter (£487 per sq foot).
The average size of a house on DEREHAM ROAD is 111 sq meters (1,204 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sandringham Road |
| Apr 2024 | Other theft | Under investigation | On or near Sandringham Road |
| Mar 2024 | Anti-social behaviour | On or near Sandringham Road | |
| Mar 2024 | Public order | Under investigation | On or near Sandringham Road |
| Mar 2024 | Public order | Under investigation | On or near Sandringham Road |