£492,854
This estimated value is based upon the latest sale price for the house of £192,000 on 12 Nov 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Lynn Road
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Park House, 168 Stainforth Road, Newbury Park, Ilford, IG2 7EL
Phone: 02034783389
Price Paid | Date |
---|---|
£192,000 | 12 Nov 2002 |
Terraced |
Freehold |
Floor Area: 82 sq meters or 885 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 2002 the House Price Index for GREATER LONDON was 57.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 156.695%.Applying this 156.695% change to the original purchase price of £192,000 results in an estimated price of approximately £492,854.
12 Nov 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
57.9 | 148.6 | 156.695 % | £192,000 | £300,854 | £492,854 |
The Postcode Pricing Model uses changes in average sales price within the IG2 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 | 187.417 % | £359,841 | £551,841 |
3 Month Average | 61.781 % | £118,619 | £310,619 |
6 Month Average | 126.475 % | £242,831 | £434,831 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £607,771 | £600,000 | 3 COTSWOLD GARDENS |
31 Aug 2022 | £548,524 | £550,000 | 12 GLEBELANDS AVENUE |
4 Mar 2022 | £507,769 | £490,000 | 196 WARDS ROAD |
17 Dec 2021 | £632,113 | £590,000 | 1 LANCING ROAD |
8 Nov 2021 | £346,084 | £320,000 | 84 LYNN ROAD |
This house has a floor area of 82 sq meters or 885 sq feet when measured on 18 Jun 2010. Using an estimated price of £492,855 means this house is valued at £5,989 per sq meter (£556 per sq foot).
The average size of a house on LYNN ROAD is 65 sq meters (705 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Under investigation | On or near Lynn Road |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cotswold Gardens |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Cotswold Gardens |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Wards Road |
Jan 2024 | Public order | Under investigation | On or near Lancing Road |