£213,627
This estimated value is based upon the latest sale price for the house of £37,500 on 30 Oct 1995. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 Central Parade, Ley Street, Newbury Park, IG2 7DE
Phone: 02036416062
Price Paid | Date |
---|---|
£37,500 | 30 Oct 1995 |
Terraced |
Freehold |
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 1995 the House Price Index for GREATER LONDON was 26.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 469.674%.Applying this 469.674% change to the original purchase price of £37,500 results in an estimated price of approximately £213,627.
30 Oct 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.1 | 148.6 | 469.674 % | £37,500 | £176,127 | £213,627 |
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 | 624.459 % | £234,172 | £271,672 |
3 Month Average | 265.315 % | £99,493 | £136,993 |
6 Month Average | 415.890 % | £155,958 | £193,458 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £232,030 | £230,000 | FLAT 13 CATHERINE COURT, 30 SPRINGFIELD DRIVE |
31 Mar 2023 | £238,245 | £236,000 | 103 HORNS ROAD |
31 Mar 2023 | £201,902 | £200,000 | 75A HORNS ROAD |
28 Sep 2022 | £9,920 | £10,000 | 120 HORNS ROAD |
29 Apr 2022 | £274,416 | £266,475 | FLAT 54 HASTINGWOOD COURT YOUNGS ROAD |