£208,474
This estimated value is based upon the latest sale price for the house of £170,000 on 2 Oct 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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239 Cranbrook Road, Ilford, IG1 4TD
Phone: 02081152117
Price Paid | Date |
---|---|
£170,000 | 2 Oct 2019 |
£132,500 | 31 May 2007 |
£120,000 | 10 Jan 2005 |
£69,995 | 15 Mar 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 46 sq meters or 495 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 October 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £170,000 results in an estimated price of approximately £208,474.
2 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.632 % | £170,000 | £38,474 | £208,474 |
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 | -38.915 % | £-66,154 | £103,845 |
3 Month Average | 12.454 % | £21,171 | £191,171 |
6 Month Average | 12.040 % | £20,467 | £190,467 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Jul 2023 | £709,550 | £700,000 | 69 MANSFIELD ROAD |
23 Jun 2022 | £207,939 | £205,000 | 48C ARGYLE ROAD |
19 Apr 2022 | £411,920 | £400,000 | 61 MANSFIELD ROAD |
28 Jan 2022 | £243,106 | £231,000 | FLAT 3 44 MANSFIELD ROAD |
25 Jun 2021 | £107,292 | £100,000 | 38A MANSFIELD ROAD |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 25 Mar 2018. Using an estimated price of £208,475 means this house is valued at £4,532 per sq meter (£421 per sq foot).
The average size of a house on MANSFIELD ROAD is 52 sq meters (562 sq feet).