£686,146
This estimated value is based upon the latest sale price for the house of £399,995 on 17 Jan 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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26 Selborne Road, Ilford, IG1 3AJ
Phone: 02080336038
Price Paid | Date |
---|---|
£399,995 | 17 Jan 2011 |
Terraced |
Freehold |
Floor Area: 120 sq meters or 1,291 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 2011 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.539%.Applying this 71.539% change to the original purchase price of £399,995 results in an estimated price of approximately £686,146.
17 Jan 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 148.6 | 71.539 % | £399,995 | £286,151 | £686,146 |
The Postcode Pricing Model uses changes in average sales price within the IG1 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 | -10.661 % | £-42,644 | £357,350 |
3 Month Average | 48.746 % | £194,980 | £594,975 |
6 Month Average | 58.164 % | £232,652 | £632,647 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Dec 2023 | £81,425 | £80,000 | 19 NORTHBROOK ROAD |
1 Nov 2023 | £203,005 | £200,000 | 5A SELBORNE ROAD |
25 Mar 2022 | £274,610 | £265,000 | 30B NORTHBROOK ROAD |
7 Mar 2022 | £238,340 | £230,000 | FLAT 1 32 NORTHBROOK ROAD |
19 Nov 2021 | £335,269 | £310,000 | 5 NORTHBROOK ROAD |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 5 Dec 2013. Using an estimated price of £686,146 means this house is valued at £5,717 per sq meter (£531 per sq foot).
The average size of a house on NORTHBROOK ROAD is 77 sq meters (838 sq feet).