£452,751
This estimated value is based upon the latest sale price for the house of £215,000 on 4 Mar 2004. 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 |
|---|---|
| £215,000 | 4 Mar 2004 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 March 2004 the House Price Index for GREATER LONDON was 71.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 110.582%.Applying this 110.582% change to the original purchase price of £215,000 results in an estimated price of approximately £452,751.
| 4 Mar 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 149.7 | 110.582 % | £215,000 | £237,751 | £452,751 |
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 | 166.859 % | £358,746 | £573,746 |
| 3 Month Average | 88.848 % | £191,023 | £406,023 |
| 6 Month Average | 96.463 % | £207,395 | £422,395 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £515,294 | £506,000 | 53 SHERWOOD GARDENS |
| 12 Jul 2022 | £489,909 | £485,000 | 73 CECIL AVENUE |
| 1 Dec 2021 | £539,654 | £500,000 | 66 SHERWOOD GARDENS |
| 29 Sep 2021 | £488,506 | £450,000 | 26 SALISBURY AVENUE |
| 17 Dec 2020 | £234,132 | £202,500 | 117B SALISBURY AVENUE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 28 Feb 2020. Using an estimated price of £452,752 means this house is valued at £4,311 per sq meter (£400 per sq foot).
The average size of a house on SHERWOOD GARDENS is 98 sq meters (1,062 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Possession of weapons | Awaiting court outcome | On or near Sherwood Gardens |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Sherwood Gardens |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Sherwood Gardens |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sherwood Gardens |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Netherfield Gardens |