£572,431
This estimated value is based upon the latest sale price for the house of £460,000 on 5 Feb 2018. 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 |
|---|---|
| £460,000 | 5 Feb 2018 |
| £245,000 | 1 Aug 2003 |
| £245,000 | 1 Aug 2003 |
| £109,950 | 28 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 February 2018 the House Price Index for GREATER LONDON was 118.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.442%.Applying this 24.442% change to the original purchase price of £460,000 results in an estimated price of approximately £572,431.
| 5 Feb 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.0 | 24.442 % | £460,000 | £112,431 | £572,431 |
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 | -11.846 % | £-54,489 | £405,510 |
| 3 Month Average | -8.960 % | £-41,213 | £418,786 |
| 6 Month Average | 9.221 % | £42,415 | £502,415 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2023 | £488,632 | £485,000 | 54 WOODBRIDGE ROAD |
| 4 Apr 2022 | £512,820 | £500,000 | 52 DEREHAM ROAD |
| 11 Feb 2022 | £564,008 | £540,000 | 71 WOODBRIDGE ROAD |
| 4 Feb 2022 | £511,785 | £490,000 | 14 DEREHAM ROAD |
| 30 Sep 2021 | £520,522 | £485,000 | 65 WOODBRIDGE ROAD |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 18 Aug 2014. Using an estimated price of £572,431 means this house is valued at £4,770 per sq meter (£443 per sq foot).
The average size of a house on DEREHAM ROAD is 111 sq meters (1,204 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Dereham Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oulton Crescent |
| Mar 2024 | Possession of weapons | Under investigation | On or near Oulton Crescent |