£538,247
This estimated value is based upon the latest sale price for the house of £310,000 on 7 Nov 2011. 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 |
|---|---|
| £310,000 | 7 Nov 2011 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2011 the House Price Index for GREATER LONDON was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.628%.Applying this 73.628% change to the original purchase price of £310,000 results in an estimated price of approximately £538,247.
| 7 Nov 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.628 % | £310,000 | £228,247 | £538,247 |
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 | 32.020 % | £99,260 | £409,260 |
| 3 Month Average | 76.060 % | £235,786 | £545,786 |
| 6 Month Average | 76.595 % | £237,443 | £547,443 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jun 2024 | £470,000 | £470,000 | 6 TAVISTOCK GARDENS |
| 8 Dec 2023 | £557,119 | £540,000 | 23 CHUDLEIGH CRESCENT |
| 11 Aug 2023 | £560,102 | £550,000 | 17 ASHBURTON AVENUE |
| 28 May 2021 | £609,046 | £535,000 | 24 ASHBURTON AVENUE |
| 6 Nov 2020 | £548,930 | £470,000 | 49 CHUDLEIGH CRESCENT |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 14 Jul 2011. Using an estimated price of £538,247 means this house is valued at £6,332 per sq meter (£588 per sq foot).
The average size of a house on ASHBURTON AVENUE is 118 sq meters (1,277 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Tavistock Gardens |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tavistock Gardens |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tavistock Gardens |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tavistock Gardens |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chudleigh Crescent |