£632,436
This estimated value is based upon the latest sale price for the house of £480,000 on 1 Nov 2016. 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 |
|---|---|
| £480,000 | 1 Nov 2016 |
| Terraced |
| Leasehold |
| Floor Area: 148 sq meters or 1,593 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 2016 the House Price Index for GREATER LONDON was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £480,000 results in an estimated price of approximately £632,436.
| 1 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £480,000 | £152,436 | £632,436 |
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 | -36.290 % | £-174,189 | £305,810 |
| 3 Month Average | -1.061 % | £-5,093 | £474,906 |
| 6 Month Average | 5.241 % | £25,154 | £505,154 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £788,801 | £775,000 | 18 RICHMOND ROAD |
| 18 May 2022 | £257,859 | £253,000 | FLAT 2 15A RICHMOND ROAD |
| 29 Sep 2021 | £484,917 | £450,000 | 103 ALBERT ROAD |
| 1 Jun 2021 | £209,220 | £195,000 | FLAT 4 8 HOLSTOCK ROAD |
| 13 Oct 2020 | £299,136 | £255,000 | 39A WOODLANDS ROAD |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 21 Mar 2016. Using an estimated price of £632,436 means this house is valued at £4,273 per sq meter (£396 per sq foot).
The average size of a house on GROSVENOR ROAD is 95 sq meters (1,028 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Holstock Road |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Holstock Road |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Holstock Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Holstock Road |