£539,113
This estimated value is based upon the latest sale price for the house of £442,000 on 3 Jan 2020. 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 |
|---|---|
| £442,000 | 3 Jan 2020 |
| £109,000 | 10 Sep 1999 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 January 2020 the House Price Index for GREATER LONDON was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £442,000 results in an estimated price of approximately £539,113.
| 3 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £442,000 | £97,113 | £539,113 |
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 | -1.850 % | £-8,177 | £433,822 |
| 3 Month Average | -1.720 % | £-7,600 | £434,399 |
| 6 Month Average | 3.056 % | £13,507 | £455,507 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £549,616 | £540,000 | 23 CHUDLEIGH CRESCENT |
| 11 Aug 2023 | £554,854 | £550,000 | 17 ASHBURTON AVENUE |
| 28 May 2021 | £604,570 | £535,000 | 24 ASHBURTON AVENUE |
| 6 Nov 2020 | £544,896 | £470,000 | 49 CHUDLEIGH CRESCENT |
| 18 Mar 2020 | £505,863 | £420,000 | 5 BRIXHAM GARDENS |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 10 Oct 2012. Using an estimated price of £539,114 means this house is valued at £5,285 per sq meter (£491 per sq foot).
The average size of a house on ASHBURTON AVENUE is 118 sq meters (1,277 sq feet).