£327,061
This estimated value is based upon the latest sale price for the house of £66,007 on 28 Nov 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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204 Longbridge Road, Barking, IG11 8SY
Phone: 02035899938
| Price Paid | Date |
|---|---|
| £66,007 | 28 Nov 1997 |
| Terraced |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 1997 the House Price Index for GREATER LONDON was 30.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 395.496%.Applying this 395.496% change to the original purchase price of £66,007 results in an estimated price of approximately £327,061.
| 28 Nov 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.2 | 149.7 | 395.496 % | £66,007 | £261,054 | £327,061 |
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 | 444.482 % | £293,389 | £359,396 |
| 3 Month Average | 314.575 % | £207,641 | £273,648 |
| 6 Month Average | 339.629 % | £224,178 | £290,185 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jan 2023 | £431,152 | £430,000 | 28 HARROW ROAD |
| 13 Jan 2023 | £401,072 | £400,000 | 348 RIPPLE ROAD |
| 12 Aug 2022 | £436,039 | £434,000 | 60 HARROW ROAD |
| 20 May 2022 | £194,569 | £189,500 | 362 RIPPLE ROAD |
| 19 Nov 2021 | £582,893 | £535,000 | 65 HARROW ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 16 Apr 2012. Using an estimated price of £327,062 means this house is valued at £2,844 per sq meter (£264 per sq foot).
The average size of a house on HARROW ROAD is 86 sq meters (933 sq feet).