£717,181
This estimated value is based upon the latest sale price for the house of £515,000 on 2 Nov 2015. 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 |
|---|---|
| £515,000 | 2 Nov 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 November 2015 the House Price Index for GREATER LONDON was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £515,000 results in an estimated price of approximately £717,181.
| 2 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £515,000 | £202,181 | £717,181 |
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 | -7.676 % | £-39,530 | £475,469 |
| 3 Month Average | 21.859 % | £112,572 | £627,572 |
| 6 Month Average | 18.224 % | £93,852 | £608,852 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £686,275 | £677,500 | 75 BEEHIVE LANE |
| 28 Apr 2023 | £616,639 | £610,000 | 16 WANSTEAD 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 |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 20 Jul 2015. Using an estimated price of £717,181 means this house is valued at £6,077 per sq meter (£564 per sq foot).
The average size of a house on BEEHIVE LANE is 88 sq meters (950 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Clarence Avenue |
| Feb 2024 | Vehicle crime | Under investigation | On or near Clarence Avenue |
| Feb 2024 | Vehicle crime | Under investigation | On or near Clarence Avenue |
| Feb 2024 | Vehicle crime | Under investigation | On or near Clarence Avenue |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Clarence Avenue |