£484,741
This estimated value is based upon the latest sale price for the house of £325,000 on 10 Dec 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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42 Longbridge Road, Barking, IG11 8RT
Phone: 02035442507
| Price Paid | Date |
|---|---|
| £325,000 | 10 Dec 2014 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 December 2014 the House Price Index for GREATER LONDON was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £325,000 results in an estimated price of approximately £484,741.
| 10 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £325,000 | £159,741 | £484,741 |
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 | 51.205 % | £166,415 | £491,415 |
| 3 Month Average | 23.510 % | £76,406 | £401,406 |
| 6 Month Average | 46.756 % | £151,957 | £476,957 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2023 | £566,095 | £560,000 | 9 SALISBURY AVENUE |
| 14 Jul 2022 | £381,026 | £380,000 | 21 SALISBURY AVENUE |
| 30 Jun 2022 | £507,167 | £500,000 | 29 SALISBURY AVENUE |
| 10 Feb 2022 | £513,860 | £490,000 | 53 SALISBURY AVENUE |
| 17 Sep 2021 | £51,186 | £47,500 | 26 RIVERSIDE PARK MOORINGS PRIORY ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 12 Jun 2014. Using an estimated price of £484,741 means this house is valued at £4,488 per sq meter (£416 per sq foot).
The average size of a house on SALISBURY AVENUE is 105 sq meters (1,138 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Thorpe Road |
| Apr 2024 | Drugs | Under investigation | On or near Thorpe Road |
| Apr 2024 | Theft from the person | Under investigation | On or near Thorpe Road |
| Feb 2024 | Other theft | Under investigation | On or near Thorpe Road |
| Feb 2024 | Theft from the person | Under investigation | On or near Thorpe Road |