£506,821
This estimated value is based upon the latest sale price for the house of £500,000 on 31 Jul 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
3 Faircross Parade, Longbridge Road, Barking, IG11 8UN
Phone: 02080338686
| Price Paid | Date |
|---|---|
| £500,000 | 31 Jul 2023 |
| £260,000 | 7 Jan 2003 |
| Terraced |
| Freehold |
| Floor Area: 155 sq meters or 1,668 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 July 2023 the House Price Index for GREATER LONDON was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £500,000 results in an estimated price of approximately £506,821.
| 31 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £500,000 | £6,821 | £506,821 |
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 | -17.767 % | £-88,832 | £411,167 |
| 3 Month Average | -27.330 % | £-136,650 | £363,349 |
| 6 Month Average | -10.740 % | £-53,702 | £446,297 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £506,821 | £500,000 | 7 VENTNOR GARDENS |
| 22 Mar 2023 | £403,804 | £400,000 | 37 VENTNOR GARDENS |
| 26 Jul 2022 | £601,619 | £600,000 | 33 LYNDHURST GARDENS |
| 30 Mar 2022 | £236,268 | £228,000 | 20 FAIRCROSS MANSIONS LONGBRIDGE ROAD |
| 25 Mar 2022 | £538,856 | £520,000 | 14 LYNDHURST GARDENS |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 4 Aug 2016. Using an estimated price of £506,821 means this house is valued at £3,269 per sq meter (£303 per sq foot).
The average size of a house on VENTNOR GARDENS is 130 sq meters (1,401 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Ventnor Gardens |
| Mar 2024 | Vehicle crime | Under investigation | On or near Ventnor Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Ventnor Gardens |
| Jan 2024 | Anti-social behaviour | On or near Ventnor Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Ventnor Gardens |