£324,397
This estimated value is based upon the latest sale price for the house of £260,500 on 7 May 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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223 New North Road, Ilford, IG6 3AG
Phone: 02035441632
| Price Paid | Date |
|---|---|
| £260,500 | 7 May 2019 |
| £71,000 | 14 Sep 2000 |
| £62,000 | 23 Jun 2000 |
| Terraced |
| Freehold |
| Floor Area: 38 sq meters or 409 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 May 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £260,500 results in an estimated price of approximately £324,397.
| 7 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £260,500 | £63,897 | £324,397 |
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 | 4.588 % | £11,952 | £272,452 |
| 3 Month Average | 12.069 % | £31,441 | £291,941 |
| 6 Month Average | 20.706 % | £53,938 | £314,438 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Apr 2024 | £378,285 | £375,000 | 17 ANDREW CLOSE |
| 30 Nov 2023 | £410,417 | £399,999 | 41 LAING CLOSE |
| 9 Mar 2022 | £234,885 | £225,000 | 25 ANDREW CLOSE |
| 20 Jan 2022 | £307,458 | £290,000 | 8 LAING CLOSE |
| 17 Dec 2021 | £404,740 | £375,000 | 28 LAING CLOSE |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 12 Feb 2019. Using an estimated price of £324,397 means this house is valued at £8,536 per sq meter (£793 per sq foot).
The average size of a house on LAING CLOSE is 52 sq meters (561 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Andrew Close |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Andrew Close |
| Sep 2024 | Shoplifting | Under investigation | On or near Andrew Close |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Andrew Close |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Andrew Close |