£512,924
This estimated value is based upon the latest sale price for the house of £480,000 on 30 Jun 2021. 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 |
---|---|
£480,000 | 30 Jun 2021 |
£355,000 | 27 Jan 2015 |
£185,000 | 27 Sep 2002 |
Terraced |
Freehold |
Floor Area: 110 sq meters or 1,184 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 June 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £480,000 results in an estimated price of approximately £512,924.
30 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 148.0 | 6.859 % | £480,000 | £32,924 | £512,924 |
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 | -6.402 % | £-30,729 | £449,270 |
3 Month Average | -20.620 % | £-98,976 | £381,023 |
6 Month Average | -5.105 % | £-24,503 | £455,496 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £489,256 | £480,000 | 68 BECCLES DRIVE |
28 Nov 2023 | £658,453 | £650,000 | 84 BECCLES DRIVE |
30 Jun 2023 | £574,659 | £570,000 | 87 BECCLES DRIVE |
2 Aug 2022 | £600,940 | £605,000 | 80 STRATTON DRIVE |
13 Sep 2021 | £568,818 | £530,000 | 16 SANDRINGHAM ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 19 Oct 2014. Using an estimated price of £512,924 means this house is valued at £4,662 per sq meter (£433 per sq foot).
The average size of a house on BECCLES DRIVE is 127 sq meters (1,371 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Beccles Drive |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Beccles Drive |
Apr 2024 | Vehicle crime | Under investigation | On or near Beccles Drive |
Mar 2024 | Theft from the person | Under investigation | On or near Beccles Drive |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beccles Drive |