£432,125
This estimated value is based upon the latest sale price for the house of £250,000 on 12 Aug 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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859 High Road, Ilford, IG3 8TG
Phone: 02036414432
| Price Paid | Date |
|---|---|
| £250,000 | 12 Aug 2011 |
| £115,000 | 19 Apr 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 959 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 August 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £250,000 results in an estimated price of approximately £432,125.
| 12 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £250,000 | £182,125 | £432,125 |
The Postcode Pricing Model uses changes in average sales price within the RM6 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 | 53.585 % | £133,962 | £383,962 |
| 3 Month Average | 75.972 % | £189,929 | £439,929 |
| 6 Month Average | 57.797 % | £144,492 | £394,492 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2023 | £278,752 | £275,000 | 42 GLANDFORD WAY |
| 28 Apr 2023 | £240,085 | £237,500 | FLAT 26 DUNWICH COURT GLANDFORD WAY |
| 12 Apr 2023 | £465,007 | £460,000 | 77 GRESHAM DRIVE |
| 8 Apr 2022 | £267,748 | £260,000 | FLAT 16 DUNWICH COURT GLANDFORD WAY |
| 31 Mar 2022 | £269,428 | £260,000 | FLAT 34 DUNWICH COURT GLANDFORD WAY |
This house has a floor area of 89 sq meters or 959 sq feet when measured on 22 Apr 2011. Using an estimated price of £432,126 means this house is valued at £4,849 per sq meter (£450 per sq foot).
The average size of a house on GRESHAM DRIVE is 83 sq meters (901 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gresham Drive |
| Apr 2024 | Other theft | Under investigation | On or near Gresham Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gresham Drive |
| Feb 2024 | Other crime | Under investigation | On or near Gresham Drive |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gresham Drive |