£237,382
This estimated value is based upon the latest sale price for the house of £142,500 on 29 Aug 2013. 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 |
|---|---|
| £142,500 | 29 Aug 2013 |
| £119,000 | 28 Apr 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 2013 the House Price Index for GREATER LONDON was 89.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.584%.Applying this 66.584% change to the original purchase price of £142,500 results in an estimated price of approximately £237,382.
| 29 Aug 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 149.7 | 66.584 % | £142,500 | £94,882 | £237,382 |
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 | 126.040 % | £179,606 | £322,106 |
| 3 Month Average | 61.643 % | £87,841 | £230,341 |
| 6 Month Average | 66.836 % | £95,241 | £237,741 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Feb 2023 | £830,548 | £825,000 | 2 CAVENDISH GARDENS |
| 31 Mar 2022 | £227,577 | £218,000 | 222 LONGBRIDGE ROAD |
| 30 Mar 2022 | £238,017 | £228,000 | 20 FAIRCROSS MANSIONS LONGBRIDGE ROAD |
| 28 Jan 2022 | £171,752 | £162,000 | 1 FAIRCROSS MANSIONS LONGBRIDGE ROAD |
| 15 Oct 2021 | £183,920 | £165,000 | 3 FAIRCROSS MANSIONS LONGBRIDGE ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 27 Apr 2013. Using an estimated price of £237,382 means this house is valued at £3,828 per sq meter (£355 per sq foot).
The average size of a house on LONGBRIDGE ROAD is 71 sq meters (768 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Supermarket | |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Oct 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Oct 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Oct 2024 | Anti-social behaviour | On or near Supermarket |