£190,665
This estimated value is based upon the latest sale price for the house of £175,000 on 18 Nov 2021. 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 |
|---|---|
| £175,000 | 18 Nov 2021 |
| £195,000 | 8 Sep 2008 |
| £185,950 | 10 Jun 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 2021 the House Price Index for GREATER LONDON was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £175,000 results in an estimated price of approximately £190,665.
| 18 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £175,000 | £15,665 | £190,665 |
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 | -16.068 % | £-28,119 | £146,880 |
| 3 Month Average | -2.089 % | £-3,656 | £171,343 |
| 6 Month Average | 15.710 % | £27,493 | £202,493 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £787,895 | £770,000 | 11 WESTROW DRIVE |
| 10 Feb 2023 | £429,872 | £427,000 | 5 MULBERRY COURT |
| 8 Jul 2022 | £757,591 | £750,000 | 23 WESTROW DRIVE |
| 21 Jun 2022 | £582,450 | £570,000 | 22 STEPHEN JEWERS GARDENS |
| 11 Apr 2022 | £588,218 | £567,000 | 13 STEPHEN JEWERS GARDENS |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 2 Jul 2020. Using an estimated price of £190,666 means this house is valued at £2,723 per sq meter (£253 per sq foot).
The average size of a house on THE DRIVE is 105 sq meters (1,131 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mulberry Court |
| Apr 2024 | Burglary | Under investigation | On or near Manor Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Manor Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Oakley Avenue |
| Apr 2024 | Public order | Under investigation | On or near Oakley Avenue |