£421,013
This estimated value is based upon the latest sale price for the house of £234,000 on 20 Oct 2005. 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 |
|---|---|
| £234,000 | 20 Oct 2005 |
| Terraced |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 October 2005 the House Price Index for GREATER LONDON was 81.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 79.920%.Applying this 79.920% change to the original purchase price of £234,000 results in an estimated price of approximately £421,013.
| 20 Oct 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 146.7 | 79.920 % | £234,000 | £187,013 | £421,013 |
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 | 41.196 % | £96,398 | £330,398 |
| 3 Month Average | 36.390 % | £85,153 | £319,153 |
| 6 Month Average | 86.579 % | £202,594 | £436,594 |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 9 Nov 2019.
The average size of a house on CAVENDISH GARDENS is 117 sq meters (1,268 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cavendish Gardens |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Cavendish Gardens |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Cavendish Gardens |
| Dec 2023 | Robbery | Under investigation | On or near Cavendish Gardens |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Longbridge Road |