£503,980
This estimated value is based upon the latest sale price for the house of £284,999 on 28 Nov 2008. 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 |
|---|---|
| £284,999 | 28 Nov 2008 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 2008 the House Price Index for GREATER LONDON was 83.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 76.836%.Applying this 76.836% change to the original purchase price of £284,999 results in an estimated price of approximately £503,980.
| 28 Nov 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 146.7 | 76.836 % | £284,999 | £218,981 | £503,980 |
The Postcode Pricing Model uses changes in average sales price within the IG3 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 | 88.918 % | £253,416 | £538,415 |
| 3 Month Average | 76.672 % | £218,515 | £503,514 |
| 6 Month Average | 78.331 % | £223,241 | £508,240 |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 23 Dec 2021.
The average size of a house on CRAIGEN GARDENS is 75 sq meters (813 sq feet).
This house is the largest in the street with a floor area of 103 sq meters (1,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Craigen Gardens |
| Dec 2023 | Anti-social behaviour | On or near Craigen Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Craigen Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Craigen Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Craigen Gardens |