£215,656
This estimated value is based upon the latest sale price for the house of £74,000 on 24 May 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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88 Ley Street, Ilford, IG1 4BX
Phone: 02081664069
| Price Paid | Date |
|---|---|
| £74,000 | 24 May 2002 |
| £37,500 | 13 Nov 1998 |
| Flats/Maisonettes |
| Leasehold |
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 May 2002 the House Price Index for GREATER LONDON was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £74,000 results in an estimated price of approximately £215,656.
| 24 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 148.6 | 191.428 % | £74,000 | £141,656 | £215,656 |
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 | 60.448 % | £44,731 | £118,731 |
| 3 Month Average | 156.663 % | £115,930 | £189,930 |
| 6 Month Average | 166.816 % | £123,443 | £197,443 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £938,208 | £930,000 | GABLE HOUSE, 1 BALFOUR ROAD |
| 14 Oct 2022 | £277,017 | £280,000 | 90B BALFOUR ROAD |
| 16 Aug 2022 | £224,396 | £225,000 | 75A LEY STREET |
| 15 Aug 2022 | £398,926 | £400,000 | 27B BALFOUR ROAD |
| 15 Jul 2022 | £370,999 | £370,000 | 27A BALFOUR ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Myrtle Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Myrtle Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Myrtle Road |
| Jan 2024 | Shoplifting | Under investigation | On or near Parking Area |
| Jan 2024 | Shoplifting | Awaiting court outcome | On or near Parking Area |