£249,216
This estimated value is based upon the latest sale price for the house of £147,500 on 2 Apr 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 |
|---|---|
| £147,500 | 2 Apr 2013 |
| £112,000 | 5 Feb 2010 |
| £120,000 | 23 Feb 2006 |
| Terraced |
| Leasehold |
| Floor Area: 39 sq meters or 424 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 April 2013 the House Price Index for GREATER LONDON was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.960%.Applying this 68.960% change to the original purchase price of £147,500 results in an estimated price of approximately £249,216.
| 2 Apr 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 149.7 | 68.960 % | £147,500 | £101,716 | £249,216 |
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 | 122.740 % | £181,041 | £328,541 |
| 3 Month Average | 51.138 % | £75,428 | £222,928 |
| 6 Month Average | 55.659 % | £82,097 | £229,597 |
| 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 39 sq meters or 424 sq feet when measured on 31 Jan 2009. Using an estimated price of £249,217 means this house is valued at £6,322 per sq meter (£587 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 |