£344,365
This estimated value is based upon the latest sale price for the house of £230,000 on 27 Nov 2014. 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 |
---|---|
£230,000 | 27 Nov 2014 |
Terraced |
Freehold |
Floor Area: 73 sq meters or 785 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 2014 the House Price Index for GREATER LONDON was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £230,000 results in an estimated price of approximately £344,365.
27 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 148.6 | 49.724 % | £230,000 | £114,365 | £344,365 |
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 | 24.610 % | £56,602 | £286,602 |
3 Month Average | 14.029 % | £32,266 | £262,266 |
6 Month Average | 54.615 % | £125,614 | £355,614 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Aug 2023 | £349,054 | £346,000 | 44 KENNEDY ROAD |
17 Mar 2023 | £389,671 | £386,000 | 2 KENNEDY ROAD |
13 May 2022 | £326,145 | £320,000 | 115 SPARSHOLT ROAD |
25 Feb 2022 | £188,765 | £180,000 | FLAT 12 FOREST MEWS, 99 SPARSHOLT ROAD |
8 Sep 2021 | £377,157 | £350,000 | 119 SPARSHOLT ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 12 May 2015. Using an estimated price of £344,366 means this house is valued at £4,717 per sq meter (£438 per sq foot).
The average size of a house on SPARSHOLT ROAD is 70 sq meters (755 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sparsholt Road |
Dec 2023 | Robbery | Under investigation | On or near Kennedy Road |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tom Mann Close |