£175,047
This estimated value is based upon the latest sale price for the house of £116,500 on 19 Dec 2014. 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 |
|---|---|
| £116,500 | 19 Dec 2014 |
| £55,000 | 1 Jun 2000 |
| £55,000 | 4 Dec 1998 |
| £44,500 | 24 Apr 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 December 2014 the House Price Index for GREATER LONDON was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £116,500 results in an estimated price of approximately £175,047.
| 19 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 149.7 | 50.255 % | £116,500 | £58,547 | £175,047 |
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 | 97.637 % | £113,747 | £230,247 |
| 3 Month Average | 44.272 % | £51,576 | £168,076 |
| 6 Month Average | 49.104 % | £57,205 | £173,705 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £108,965 | £107,000 | FLAT 65 CROMWELL LODGE LONGBRIDGE ROAD |
| 18 Aug 2023 | £264,775 | £260,000 | 258A LONGBRIDGE ROAD |
| 22 Jun 2023 | £127,556 | £125,000 | FLAT 33 CROMWELL LODGE LONGBRIDGE ROAD |
| 22 Aug 2022 | £130,611 | £130,000 | FLAT 21 CROMWELL LODGE LONGBRIDGE ROAD |
| 11 May 2022 | £107,809 | £105,000 | FLAT 47 CROMWELL LODGE LONGBRIDGE ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 4 Jun 2014. Using an estimated price of £175,047 means this house is valued at £4,167 per sq meter (£387 per sq foot).
The average size of a house on LONGBRIDGE ROAD is 71 sq meters (768 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Longbridge Road | |
| Oct 2024 | Anti-social behaviour | On or near Longbridge Road | |
| Oct 2024 | Anti-social behaviour | On or near Longbridge Road | |
| Oct 2024 | Anti-social behaviour | On or near Longbridge Road | |
| Oct 2024 | Anti-social behaviour | On or near Longbridge Road |