£242,322
This estimated value is based upon the latest sale price for the house of £137,500 on 23 Oct 2008. 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 |
---|---|
£137,500 | 23 Oct 2008 |
£114,000 | 6 Sep 2006 |
£53,000 | 2 Feb 2001 |
£24,500 | 27 Jun 1995 |
Flats/Maisonettes |
Leasehold |
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 October 2008 the House Price Index for GREATER LONDON was 84.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 76.234%.Applying this 76.234% change to the original purchase price of £137,500 results in an estimated price of approximately £242,322.
23 Oct 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.9 | 149.7 | 76.234 % | £137,500 | £104,822 | £242,322 |
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 | 114.312 % | £157,178 | £294,678 |
3 Month Average | 46.390 % | £63,786 | £201,286 |
6 Month Average | 64.729 % | £89,002 | £226,502 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Oct 2023 | £516,736 | £505,000 | 3 VENTNOR GARDENS |
13 Oct 2023 | £613,944 | £600,000 | 35 LYNDHURST GARDENS |
22 Mar 2023 | £406,793 | £400,000 | 37 VENTNOR GARDENS |
30 Mar 2022 | £238,017 | £228,000 | 20 FAIRCROSS MANSIONS LONGBRIDGE ROAD |
25 Mar 2022 | £542,845 | £520,000 | 14 LYNDHURST GARDENS |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Shoplifting | Under investigation | On or near Upney Lane |
Oct 2024 | Other theft | Under investigation | On or near Upney Lane |
Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Upney Lane |
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Upney Lane |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Upney Lane |