£350,844
This estimated value is based upon the latest sale price for the house of £195,000 on 14 Oct 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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29 Longbridge Road, Barking, IG11 8TN
Phone: 02034783385
| Price Paid | Date |
|---|---|
| £195,000 | 14 Oct 2005 |
| 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 October 2005 the House Price Index for GREATER LONDON was 81.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 79.920%.Applying this 79.920% change to the original purchase price of £195,000 results in an estimated price of approximately £350,844.
| 14 Oct 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 146.7 | 79.920 % | £195,000 | £155,844 | £350,844 |
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 | 41.196 % | £80,331 | £275,331 |
| 3 Month Average | 36.390 % | £70,961 | £265,961 |
| 6 Month Average | 86.579 % | £168,828 | £363,828 |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 5 Sep 2017.
The average size of a house on FAIRCROSS AVENUE is 93 sq meters (1,010 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Fanshawe Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Fanshawe Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Fanshawe Avenue |