£500,542
This estimated value is based upon the latest sale price for the house of £415,000 on 26 Jun 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Essex Road
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42 Longbridge Road, Barking, IG11 8RT
Phone: 02035442507
| Price Paid | Date |
|---|---|
| £415,000 | 26 Jun 2020 |
| £235,500 | 12 Nov 2010 |
| £165,000 | 1 Mar 2010 |
| Terraced |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 2020 the House Price Index for GREATER LONDON was 122.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.613%.Applying this 20.613% change to the original purchase price of £415,000 results in an estimated price of approximately £500,542.
| 26 Jun 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.0 | 20.613 % | £415,000 | £85,542 | £500,542 |
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 | -7.802 % | £-32,377 | £382,622 |
| 3 Month Average | -14.767 % | £-61,284 | £353,715 |
| 6 Month Average | 0.091 % | £378 | £415,378 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £418,371 | £413,000 | 42 ESSEX ROAD |
| 3 Oct 2022 | £197,071 | £200,000 | 48A ESSEX ROAD |
| 28 Feb 2022 | £391,673 | £375,000 | 63 ESSEX ROAD |
| 23 Feb 2022 | £522,230 | £500,000 | 73 ESSEX ROAD |
| 9 Apr 2021 | £112,462 | £100,000 | FLAT 1 BRIDGE HOUSE, 86 ESSEX ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 17 Oct 2019. Using an estimated price of £500,542 means this house is valued at £4,469 per sq meter (£415 per sq foot).
The average size of a house on ESSEX ROAD is 88 sq meters (954 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Essex Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Essex Road |
| Feb 2024 | Anti-social behaviour | On or near Essex Road | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Essex Road |
| Jan 2024 | Drugs | Under investigation | On or near Essex Road |