£821,511
This estimated value is based upon the latest sale price for the house of £665,000 on 4 Jan 2019. 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 |
|---|---|
| £665,000 | 4 Jan 2019 |
| £315,000 | 12 Nov 2013 |
| Terraced |
| Freehold |
| Floor Area: 190 sq meters or 2,045 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 January 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £665,000 results in an estimated price of approximately £821,511.
| 4 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £665,000 | £156,511 | £821,511 |
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 | 44.833 % | £298,142 | £963,142 |
| 3 Month Average | -10.711 % | £-71,226 | £593,773 |
| 6 Month Average | 13.276 % | £88,288 | £753,288 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £659,768 | £650,000 | 84 BECCLES DRIVE |
| 13 Sep 2023 | £491,282 | £485,000 | 96 BECCLES DRIVE |
| 30 Jun 2023 | £576,989 | £570,000 | 87 BECCLES DRIVE |
| 2 Aug 2022 | £603,376 | £605,000 | 80 STRATTON DRIVE |
| 30 Jun 2021 | £533,243 | £497,000 | 103 BECCLES DRIVE |
This house has a floor area of 190 sq meters or 2,045 sq feet when measured on 28 Nov 2018. Using an estimated price of £821,511 means this house is valued at £4,323 per sq meter (£401 per sq foot).
The average size of a house on STRATTON DRIVE is 113 sq meters (1,216 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Stratton Drive |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stratton Drive |
| Jan 2024 | Anti-social behaviour | On or near Beccles Drive | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Beccles Drive |
| Jan 2024 | Anti-social behaviour | On or near Beccles Drive |