£253,669
This estimated value is based upon the latest sale price for the house of £76,500 on 3 Aug 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
88 Ley Street, Ilford, IG1 4BX
Phone: 02081664069
| Price Paid | Date |
|---|---|
| £76,500 | 3 Aug 2001 |
| £78,000 | 20 Oct 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 2001 the House Price Index for GREATER LONDON was 44.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 231.594%.Applying this 231.594% change to the original purchase price of £76,500 results in an estimated price of approximately £253,669.
| 3 Aug 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.8 | 148.6 | 231.594 % | £76,500 | £177,169 | £253,669 |
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 | 95.446 % | £73,015 | £149,515 |
| 3 Month Average | 197.414 % | £151,021 | £227,521 |
| 6 Month Average | 205.934 % | £157,539 | £234,039 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £354,292 | £350,000 | 61A BALFOUR ROAD |
| 14 Apr 2023 | £571,150 | £565,000 | 49 WELLESLEY ROAD |
| 14 Oct 2022 | £277,017 | £280,000 | 90B BALFOUR ROAD |
| 1 Mar 2022 | £129,533 | £125,000 | 96A WELLESLEY ROAD |
| 14 Feb 2022 | £317,230 | £302,500 | 94A WELLESLEY ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 13 Jun 2017. Using an estimated price of £253,669 means this house is valued at £4,529 per sq meter (£420 per sq foot).
The average size of a house on BALFOUR ROAD is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Airlie Gardens |