£532,735
This estimated value is based upon the latest sale price for the house of £430,000 on 22 Jun 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Park Avenue
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29 Longbridge Road, Barking, IG11 8TN
Phone: 02034783385
Price Paid | Date |
---|---|
£430,000 | 22 Jun 2018 |
£95,000 | 30 Jun 2000 |
Terraced |
Freehold |
Floor Area: 100 sq meters or 1,076 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 June 2018 the House Price Index for GREATER LONDON was 119.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.892%.Applying this 23.892% change to the original purchase price of £430,000 results in an estimated price of approximately £532,735.
22 Jun 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 148.0 | 23.892 % | £430,000 | £102,735 | £532,735 |
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 | 2.848 % | £12,248 | £442,248 |
3 Month Average | -16.537 % | £-71,108 | £358,891 |
6 Month Average | -2.098 % | £-9,021 | £420,978 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Sep 2021 | £488,325 | £455,000 | 114 PARK AVENUE |
30 Sep 2021 | £187,817 | £175,000 | 85 PARK AVENUE |
30 Sep 2021 | £402,466 | £375,000 | 5 MONTEAGLE AVENUE |
1 Sep 2021 | £445,395 | £415,000 | 7 MONTEAGLE AVENUE |
20 Aug 2021 | £520,000 | £468,000 | 67 PARK AVENUE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 19 Sep 2017. Using an estimated price of £532,735 means this house is valued at £5,327 per sq meter (£494 per sq foot).
The average size of a house on PARK AVENUE is 100 sq meters (1,081 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Under investigation | On or near Park Avenue |
Mar 2024 | Drugs | Under investigation | On or near Park Avenue |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Park Avenue |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Park Avenue |
Jan 2024 | Criminal damage and arson | Awaiting court outcome | On or near Park Avenue |