£497,084
This estimated value is based upon the latest sale price for the house of £400,000 on 20 Dec 2018. 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 |
|---|---|
| £400,000 | 20 Dec 2018 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 December 2018 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £400,000 results in an estimated price of approximately £497,084.
| 20 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £400,000 | £97,084 | £497,084 |
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 | 40.913 % | £163,652 | £563,652 |
| 3 Month Average | -1.746 % | £-6,984 | £393,015 |
| 6 Month Average | 5.551 % | £22,205 | £422,205 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £320,000 | £320,000 | 100 SUFFOLK ROAD |
| 24 Nov 2023 | £423,757 | £413,000 | 42 ESSEX ROAD |
| 20 Sep 2023 | £150,314 | £147,000 | FLAT 4 BRIDGE HOUSE, 86 ESSEX ROAD |
| 29 Mar 2023 | £384,420 | £378,000 | 10 ESSEX ROAD |
| 3 Oct 2022 | £199,334 | £200,000 | 48A ESSEX ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 9 Aug 2018. Using an estimated price of £497,084 means this house is valued at £5,585 per sq meter (£518 per sq foot).
The average size of a house on SUFFOLK ROAD is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Theft from the person | Under investigation | On or near Suffolk Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Suffolk Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Norfolk Road |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Greaves Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greaves Close |