£539,544
This estimated value is based upon the latest sale price for the house of £323,000 on 18 Apr 2013. 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 |
|---|---|
| £323,000 | 18 Apr 2013 |
| £325,000 | 19 Jul 2007 |
| £270,000 | 27 Nov 2003 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 April 2013 the House Price Index for GREATER LONDON was 88.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 67.042%.Applying this 67.042% change to the original purchase price of £323,000 results in an estimated price of approximately £539,544.
| 18 Apr 2013 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 148.0 | 67.042 % | £323,000 | £216,544 | £539,544 |
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 | 70.410 % | £227,425 | £550,425 |
| 3 Month Average | 29.388 % | £94,923 | £417,923 |
| 6 Month Average | 53.209 % | £171,863 | £494,863 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £563,426 | £560,000 | 14 OAKLEY AVENUE |
| 30 Nov 2022 | £506,782 | £515,000 | 4 EDGEFIELD AVENUE |
| 8 Apr 2022 | £528,205 | £515,000 | 29 EDGEFIELD AVENUE |
| 24 Mar 2022 | £704,909 | £683,000 | 38 EDGEFIELD AVENUE |
| 18 Jun 2021 | £512,924 | £480,000 | 44 EDGEFIELD AVENUE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 18 Jun 2012. Using an estimated price of £539,545 means this house is valued at £5,289 per sq meter (£491 per sq foot).
The average size of a house on EDGEFIELD AVENUE is 113 sq meters (1,221 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Edgefield Avenue |
| Apr 2024 | Drugs | Under investigation | On or near Edgefield Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Edgefield Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Edgefield Avenue |
| Jan 2024 | Vehicle crime | Under investigation | On or near Edgefield Avenue |