£231,715
This estimated value is based upon the latest sale price for the house of £50,000 on 4 Nov 1998. 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 Jefferson Close
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713 Cranbrook Road, Ilford, London, IG2 6RJ
Phone: 02081153602
| Price Paid | Date |
|---|---|
| £50,000 | 4 Nov 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 1998 the House Price Index for GREATER LONDON was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.431%.Applying this 363.431% change to the original purchase price of £50,000 results in an estimated price of approximately £231,715.
| 4 Nov 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 148.6 | 363.431 % | £50,000 | £181,715 | £231,715 |
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 | 427.098 % | £213,549 | £263,549 |
| 3 Month Average | 208.696 % | £104,347 | £154,347 |
| 6 Month Average | 315.815 % | £157,907 | £207,907 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2023 | £575,421 | £570,000 | 49 LOUDOUN AVENUE |
| 16 Jan 2023 | £213,992 | £215,000 | 15 PERSHORE CLOSE |
| 29 Jul 2022 | £476,282 | £475,000 | 38 JEFFERSON CLOSE |
| 5 May 2022 | £458,642 | £450,000 | 3 PERSHORE CLOSE |
| 13 Apr 2022 | £223,466 | £217,000 | 27 JEFFERSON CLOSE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 29 Oct 2019. Using an estimated price of £231,715 means this house is valued at £4,930 per sq meter (£458 per sq foot).
The average size of a house on PERSHORE CLOSE is 67 sq meters (730 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Jefferson Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Bute Road |