£699,335
This estimated value is based upon the latest sale price for the house of £567,500 on 8 Oct 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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293 Eastern Avenue, Ilford, IG2 6NT
Phone: 02080225472
| Price Paid | Date |
|---|---|
| £567,500 | 8 Oct 2018 |
| £33,000 | 12 Sep 1995 |
| Terraced |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £567,500 results in an estimated price of approximately £699,335.
| 8 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £567,500 | £131,835 | £699,335 |
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 | -52.365 % | £-297,173 | £270,326 |
| 3 Month Average | 2.382 % | £13,516 | £581,016 |
| 6 Month Average | 10.359 % | £58,786 | £626,286 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £686,275 | £677,500 | 75 BEEHIVE LANE |
| 24 Apr 2023 | £19,460 | £19,250 | FLAT 46 BEEHIVE COURT BEEHIVE LANE |
| 29 Mar 2023 | £287,711 | £285,000 | FLAT 38 BEEHIVE COURT BEEHIVE LANE |
| 21 Jun 2021 | £252,137 | £235,000 | FLAT 30 BEEHIVE COURT BEEHIVE LANE |
| 27 Nov 2020 | £328,097 | £283,000 | FLAT 40 BEEHIVE COURT BEEHIVE LANE |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 18 Jun 2015. Using an estimated price of £699,336 means this house is valued at £4,924 per sq meter (£457 per sq foot).
The average size of a house on BEEHIVE LANE is 88 sq meters (950 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Clarence Avenue |