£425,013
This estimated value is based upon the latest sale price for the house of £137,000 on 20 Feb 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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42 Longbridge Road, Barking, IG11 8RT
Phone: 02035442507
| Price Paid | Date |
|---|---|
| £137,000 | 20 Feb 2002 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2002 the House Price Index for GREATER LONDON was 48.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 210.229%.Applying this 210.229% change to the original purchase price of £137,000 results in an estimated price of approximately £425,013.
| 20 Feb 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 48.3 | 149.7 | 210.229 % | £137,000 | £288,013 | £425,013 |
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 | 295.375 % | £404,664 | £541,664 |
| 3 Month Average | 195.693 % | £268,099 | £405,099 |
| 6 Month Average | 202.663 % | £277,647 | £414,647 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £507,892 | £495,000 | 129 WILMINGTON GARDENS |
| 23 Jun 2023 | £306,135 | £300,000 | 81 WILMINGTON GARDENS |
| 20 Mar 2023 | £477,982 | £470,000 | 127 WILMINGTON GARDENS |
| 21 Dec 2020 | £493,701 | £427,000 | 113 WILMINGTON GARDENS |
| 31 Jan 2020 | £473,066 | £385,000 | 115 WILMINGTON GARDENS |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 2 Mar 2015. Using an estimated price of £425,014 means this house is valued at £5,312 per sq meter (£493 per sq foot).
The average size of a house on NETHERFIELD GARDENS is 101 sq meters (1,089 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Vehicle crime | Under investigation | On or near Wilmington Gardens |
| Nov 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wilmington Gardens |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wilmington Gardens |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Netherfield Gardens |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Netherfield Gardens |