£548,278
This estimated value is based upon the latest sale price for the house of £315,000 on 2 Sep 2011. 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 |
|---|---|
| £315,000 | 2 Sep 2011 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,136 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 September 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.057%.Applying this 74.057% change to the original purchase price of £315,000 results in an estimated price of approximately £548,278.
| 2 Sep 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.057 % | £315,000 | £233,278 | £548,278 |
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 | 113.561 % | £357,717 | £672,717 |
| 3 Month Average | 52.948 % | £166,784 | £481,784 |
| 6 Month Average | 66.472 % | £209,387 | £524,387 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £915,174 | £895,000 | 51 WOODBRIDGE ROAD |
| 8 Sep 2023 | £690,215 | £675,000 | 62 DEREHAM ROAD |
| 28 Jun 2023 | £543,390 | £532,500 | 78 DEREHAM ROAD |
| 3 Apr 2023 | £494,244 | £485,000 | 54 WOODBRIDGE ROAD |
| 28 Mar 2023 | £666,124 | £655,000 | 97 DEREHAM ROAD |
This house has a floor area of 105 sq meters or 1,136 sq feet when measured on 23 Jan 2010. Using an estimated price of £548,279 means this house is valued at £5,192 per sq meter (£482 per sq foot).
The average size of a house on DEREHAM ROAD is 111 sq meters (1,204 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oulton Crescent |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oulton Crescent |
| Aug 2024 | Anti-social behaviour | On or near Dereham Road | |
| Aug 2024 | Anti-social behaviour | On or near Dereham Road | |
| Aug 2024 | Anti-social behaviour | On or near Dereham Road |