£178,407
This estimated value is based upon the latest sale price for the house of £145,000 on 27 Mar 2019. 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 |
|---|---|
| £145,000 | 27 Mar 2019 |
| £137,500 | 13 Jul 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 March 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.040%.Applying this 23.040% change to the original purchase price of £145,000 results in an estimated price of approximately £178,407.
| 27 Mar 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.040 % | £145,000 | £33,407 | £178,407 |
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 | 6.765 % | £9,809 | £154,809 |
| 3 Month Average | -4.266 % | £-6,185 | £138,814 |
| 6 Month Average | 5.696 % | £8,259 | £153,259 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jun 2023 | £483,924 | £480,000 | 6 SOUTHWOLD DRIVE |
| 28 Oct 2022 | £454,248 | £461,000 | 252 WESTROW DRIVE |
| 20 May 2022 | £268,999 | £265,000 | 48 SOUTHWOLD DRIVE |
| 13 May 2022 | £431,413 | £425,000 | 5 SOUTHWOLD DRIVE |
| 18 Mar 2022 | £541,841 | £525,000 | 230 WESTROW DRIVE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 10 Feb 2018. Using an estimated price of £178,408 means this house is valued at £3,964 per sq meter (£368 per sq foot).
The average size of a house on HEPWORTH GARDENS is 71 sq meters (774 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Hepworth Gardens | |
| Apr 2024 | Anti-social behaviour | On or near Hepworth Gardens | |
| Mar 2024 | Vehicle crime | Under investigation | On or near Hepworth Gardens |
| Feb 2024 | Anti-social behaviour | On or near Hepworth Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Hepworth Gardens |