£112,917
This estimated value is based upon the latest sale price for the house of £100,000 on 9 Apr 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
42 Longbridge Road, Barking, IG11 8RT
Phone: 02035442507
| Price Paid | Date |
|---|---|
| £100,000 | 9 Apr 2021 |
| £125,000 | 26 Aug 2016 |
| £55,000 | 20 Aug 2004 |
| £20,000 | 11 May 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 24 sq meters or 258 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 April 2021 the House Price Index for GREATER LONDON was 131.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 12.918%.Applying this 12.918% change to the original purchase price of £100,000 results in an estimated price of approximately £112,917.
| 9 Apr 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.6 | 148.6 | 12.918 % | £100,000 | £12,917 | £112,917 |
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 | -12.658 % | £-12,658 | £87,341 |
| 3 Month Average | -21.637 % | £-21,636 | £78,363 |
| 6 Month Average | -0.446 % | £-445 | £99,554 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £419,206 | £413,000 | 42 ESSEX ROAD |
| 20 Sep 2023 | £148,904 | £147,000 | FLAT 4 BRIDGE HOUSE, 86 ESSEX ROAD |
| 3 Oct 2022 | £197,870 | £200,000 | 48A ESSEX ROAD |
| 28 Feb 2022 | £393,260 | £375,000 | 63 ESSEX ROAD |
| 23 Feb 2022 | £524,347 | £500,000 | 73 ESSEX ROAD |
This house has a floor area of 24 sq meters or 258 sq feet when measured on 14 Dec 2012. Using an estimated price of £112,918 means this house is valued at £4,704 per sq meter (£437 per sq foot).
The average size of a house on ESSEX ROAD is 88 sq meters (954 sq feet).
This house is the smallest in the street with a floor area of 24 sq meters (258 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Under investigation | On or near Essex Road |
| Dec 2023 | Drugs | Offender given a caution | On or near Essex Road |