£181,995
This estimated value is based upon the latest sale price for the house of £116,000 on 24 Aug 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been two burglaries within the last year on or near Upney Lane
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3 Faircross Parade, Longbridge Road, Barking, IG11 8UN
Phone: 02080338686
| Price Paid | Date |
|---|---|
| £116,000 | 24 Aug 2007 |
| £40,000 | 26 Nov 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 August 2007 the House Price Index for GREATER LONDON was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £116,000 results in an estimated price of approximately £181,995.
| 24 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £116,000 | £65,995 | £181,995 |
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 | 33.372 % | £38,712 | £154,712 |
| 3 Month Average | 28.968 % | £33,603 | £149,603 |
| 6 Month Average | 72.491 % | £84,089 | £200,089 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £506,821 | £500,000 | 7 VENTNOR GARDENS |
| 22 Mar 2023 | £403,804 | £400,000 | 37 VENTNOR GARDENS |
| 30 Mar 2022 | £236,268 | £228,000 | 20 FAIRCROSS MANSIONS LONGBRIDGE ROAD |
| 25 Mar 2022 | £538,856 | £520,000 | 14 LYNDHURST GARDENS |
| 28 Jan 2022 | £170,490 | £162,000 | 1 FAIRCROSS MANSIONS LONGBRIDGE ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 18 Feb 2015. Using an estimated price of £181,996 means this house is valued at £3,370 per sq meter (£313 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 | Burglary | Under investigation | On or near Upney Lane |
| Jan 2024 | Burglary | Under investigation | On or near Upney Lane |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Upney Lane |
| Jan 2024 | Robbery | Under investigation | On or near Upney Lane |
| Dec 2023 | Vehicle crime | Under investigation | On or near Upney Lane |