£506,459
This estimated value is based upon the latest sale price for the house of £410,000 on 8 Feb 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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3-4 Broadway Parade, Fencepiece Road, Ilford, IG6 2JU
Phone: 02081157730
| Price Paid | Date |
|---|---|
| £410,000 | 8 Feb 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 February 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £410,000 results in an estimated price of approximately £506,459.
| 8 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £410,000 | £96,459 | £506,459 |
The Postcode Pricing Model uses changes in average sales price within the IG6 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 | 64.908 % | £266,123 | £676,123 |
| 3 Month Average | -7.998 % | £-32,793 | £377,206 |
| 6 Month Average | 2.007 % | £8,228 | £418,228 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2023 | £454,898 | £450,000 | 100 FENCEPIECE ROAD |
| 4 Feb 2022 | £515,958 | £492,000 | 38 TOMSWOOD HILL |
| 22 Nov 2021 | £346,084 | £320,000 | 1 MARLOWE CLOSE |
| 21 Oct 2021 | £500,128 | £452,000 | 33 NEVILLE ROAD |
| 3 Dec 2020 | £591,072 | £515,000 | 27A NEVILLE ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 28 Jan 2019. Using an estimated price of £506,460 means this house is valued at £5,275 per sq meter (£490 per sq foot).
The average size of a house on ADDISON ROAD is 104 sq meters (1,127 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Addison Road |
| Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Marlowe Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Marlowe Close |