£243,162
This estimated value is based upon the latest sale price for the house of £145,000 on 8 Nov 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
3 Faircross Parade, Longbridge Road, Barking, IG11 8UN
Phone: 02080338686
| Price Paid | Date |
|---|---|
| £145,000 | 8 Nov 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 November 2006 the House Price Index for GREATER LONDON was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.698%.Applying this 67.698% change to the original purchase price of £145,000 results in an estimated price of approximately £243,162.
| 8 Nov 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 148.6 | 67.698 % | £145,000 | £98,162 | £243,162 |
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 | 40.715 % | £59,036 | £204,036 |
| 3 Month Average | 35.787 % | £51,890 | £196,890 |
| 6 Month Average | 79.513 % | £115,294 | £260,294 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £107,944 | £107,000 | FLAT 65 CROMWELL LODGE LONGBRIDGE ROAD |
| 18 Aug 2023 | £262,295 | £260,000 | 258A LONGBRIDGE ROAD |
| 24 Jul 2023 | £116,569 | £115,000 | FLAT 48 CROMWELL LODGE LONGBRIDGE ROAD |
| 22 Jun 2023 | £126,533 | £125,000 | FLAT 33 CROMWELL LODGE LONGBRIDGE ROAD |
| 22 Aug 2022 | £129,651 | £130,000 | FLAT 21 CROMWELL LODGE LONGBRIDGE ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 13 Nov 2013. Using an estimated price of £243,162 means this house is valued at £3,921 per sq meter (£364 per sq foot).
The average size of a house on LONGBRIDGE ROAD is 71 sq meters (768 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Longbridge Road | |
| Jan 2024 | Anti-social behaviour | On or near Longbridge Road | |
| Jan 2024 | Anti-social behaviour | On or near Longbridge Road | |
| Jan 2024 | Anti-social behaviour | On or near Longbridge Road | |
| Jan 2024 | Anti-social behaviour | On or near Longbridge Road |