£199,354
This estimated value is based upon the latest sale price for the house of £185,000 on 24 Sep 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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204 Longbridge Road, Barking, IG11 8SY
Phone: 02035899938
| Price Paid | Date |
|---|---|
| £185,000 | 24 Sep 2021 |
| Terraced |
| Leasehold |
| Floor Area: 30 sq meters or 322 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 September 2021 the House Price Index for GREATER LONDON was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £185,000 results in an estimated price of approximately £199,354.
| 24 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £185,000 | £14,354 | £199,354 |
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 | -32.343 % | £-59,834 | £125,165 |
| 3 Month Average | 26.172 % | £48,418 | £233,418 |
| 6 Month Average | 17.789 % | £32,909 | £217,909 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jul 2023 | £268,615 | £265,000 | 19 HARROW ROAD |
| 20 Jan 2023 | £427,984 | £430,000 | 28 HARROW ROAD |
| 12 Aug 2022 | £432,835 | £434,000 | 60 HARROW ROAD |
| 19 Nov 2021 | £578,610 | £535,000 | 65 HARROW ROAD |
| 28 Oct 2021 | £215,763 | £195,000 | 42 BLAKE AVENUE |
This house has a floor area of 30 sq meters or 322 sq feet when measured on 3 Jan 2019. Using an estimated price of £199,355 means this house is valued at £6,645 per sq meter (£617 per sq foot).
The average size of a house on BLAKE AVENUE is 83 sq meters (903 sq feet).
This house is the smallest in the street with a floor area of 30 sq meters (322 sq feet).