£534,272
This estimated value is based upon the latest sale price for the house of £515,000 on 6 Apr 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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223 New North Road, Ilford, IG6 3AG
Phone: 02035441632
| Price Paid | Date |
|---|---|
| £515,000 | 6 Apr 2022 |
| £380,000 | 23 Jun 2017 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 sq feet |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in April 2022 the House Price Index for ESSEX was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £515,000 results in an estimated price of approximately £534,272.
| 6 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £515,000 | £19,272 | £534,272 |
The Postcode Pricing Model uses changes in average sales price within the IG7 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 | -13.028 % | £-67,092 | £447,907 |
| 3 Month Average | -18.507 % | £-95,309 | £419,690 |
| 6 Month Average | -2.027 % | £-10,436 | £504,563 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jan 2023 | £1,002,679 | £1,000,000 | ORCHARD HOUSE, 241 LAMBOURNE ROAD |
| 20 Jan 2023 | £902,411 | £900,000 | 71 THE BOWLS |
| 14 Jul 2022 | £494,960 | £490,000 | 2 SHILLIBEER WALK |
| 27 Apr 2022 | £741,757 | £715,000 | 3 ORCHID GROVE |
| 6 Apr 2022 | £534,272 | £515,000 | 1 SHILLIBEER WALK |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 14 Jun 2016. Using an estimated price of £534,272 means this house is valued at £6,938 per sq meter (£644 per sq foot).
The average size of a house on SHILLIBEER WALK is 89 sq meters (958 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Canterbury Close |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near School Lane |
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Orchid Grove |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Willowmead |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Willowmead |