£508,202
This estimated value is based upon the latest sale price for the house of £298,000 on 16 May 2012. 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 |
---|---|
£298,000 | 16 May 2012 |
Terraced |
Freehold |
Floor Area: 202 sq meters or 2,174 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 May 2012 the House Price Index for GREATER LONDON was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £298,000 results in an estimated price of approximately £508,202.
16 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 148.6 | 70.538 % | £298,000 | £210,202 | £508,202 |
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 | 31.274 % | £93,197 | £391,197 |
3 Month Average | 26.213 % | £78,114 | £376,114 |
6 Month Average | 69.513 % | £207,149 | £505,149 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 May 2022 | £723,635 | £710,000 | 57 UPNEY LANE |
8 Dec 2021 | £680,324 | £635,000 | 70 LYNDHURST GARDENS |
13 Oct 2021 | £818,794 | £740,000 | 79 UPNEY LANE |
29 Sep 2021 | £668,107 | £620,000 | 94 UPNEY LANE |
18 Mar 2021 | £723,521 | £650,000 | 106 UPNEY LANE |
This house has a floor area of 202 sq meters or 2,174 sq feet when measured on 11 Feb 2015. Using an estimated price of £508,202 means this house is valued at £2,515 per sq meter (£233 per sq foot).
The average size of a house on UPNEY LANE is 126 sq meters (1,357 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Public order | Under investigation | On or near Melford Avenue |
Jan 2024 | Other theft | Under investigation | On or near Melford Avenue |
Jan 2024 | Vehicle crime | Under investigation | On or near Lyndhurst Gardens |
Dec 2023 | Anti-social behaviour | On or near Levett Road | |
Dec 2023 | Anti-social behaviour | On or near Levett Road |