£321,373
This estimated value is based upon the latest sale price for the house of £63,500 on 28 Jul 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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42 Longbridge Road, Barking, IG11 8RT
Phone: 02035442507
Price Paid | Date |
---|---|
£63,500 | 28 Jul 1997 |
£56,500 | 28 Apr 1995 |
Terraced |
Freehold |
Floor Area: 96 sq meters or 1,033 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 1997 the House Price Index for GREATER LONDON was 29.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 406.100%.Applying this 406.100% change to the original purchase price of £63,500 results in an estimated price of approximately £321,373.
28 Jul 1997 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.2 | 148.0 | 406.100 % | £63,500 | £257,873 | £321,373 |
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 | 372.195 % | £236,343 | £299,843 |
3 Month Average | 270.610 % | £171,837 | £235,337 |
6 Month Average | 337.158 % | £214,095 | £277,595 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £418,371 | £413,000 | 42 ESSEX ROAD |
21 Apr 2023 | £453,370 | £450,000 | 8 SUFFOLK ROAD |
3 Oct 2022 | £197,071 | £200,000 | 48A ESSEX ROAD |
30 Jun 2021 | £427,437 | £400,000 | 20 SUFFOLK ROAD |
27 May 2021 | £405,171 | £360,000 | 9 SUFFOLK ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 20 Nov 2013. Using an estimated price of £321,373 means this house is valued at £3,347 per sq meter (£311 per sq foot).
The average size of a house on SUFFOLK ROAD is 88 sq meters (951 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Suffolk Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Suffolk Road |
Feb 2024 | Anti-social behaviour | On or near Greaves Close | |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Greaves Close |