£494,292
This estimated value is based upon the latest sale price for the house of £490,000 on 29 Apr 2024. 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 |
|---|---|
| £490,000 | 29 Apr 2024 |
| Semi-Detached |
| Freehold |
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 April 2024 the House Price Index for GREATER LONDON was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £490,000 results in an estimated price of approximately £494,292.
| 29 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £490,000 | £4,292 | £494,292 |
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 | -41.119 % | £-201,483 | £288,516 |
| 3 Month Average | 10.897 % | £53,397 | £543,397 |
| 6 Month Average | 21.436 % | £105,037 | £595,037 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £494,292 | £490,000 | 11 NEWCASTLE AVENUE |
| 24 Oct 2023 | £578,131 | £565,000 | 11 LONGPORT CLOSE |
| 19 Sep 2023 | £526,609 | £515,000 | 16 STOKE AVENUE |
| 31 Aug 2023 | £570,286 | £560,000 | 15 LONGPORT CLOSE |
| 18 Aug 2023 | £470,995 | £462,500 | 4 BURSLEM AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Unable to prosecute suspect | On or near Newcastle Avenue |
| Oct 2024 | Drugs | Unable to prosecute suspect | On or near Newcastle Avenue |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Newcastle Avenue |
| Aug 2024 | Anti-social behaviour | On or near Longport Close | |
| Aug 2024 | Anti-social behaviour | On or near Longport Close |