£62,256
This estimated value is based upon the latest sale price for the house of £49,584 on 24 Nov 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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88 Ley Street, Ilford, IG1 4BX
Phone: 02081664069
| Price Paid | Date |
|---|---|
| £49,584 | 24 Nov 2017 |
| 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 November 2017 the House Price Index for GREATER LONDON was 117.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 25.558%.Applying this 25.558% change to the original purchase price of £49,584 results in an estimated price of approximately £62,256.
| 24 Nov 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.0 | 25.558 % | £49,584 | £12,672 | £62,256 |
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 | -50.901 % | £-25,238 | £24,345 |
| 3 Month Average | -7.289 % | £-3,614 | £45,969 |
| 6 Month Average | 0.789 % | £390 | £49,974 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Mar 2023 | £709,837 | £706,000 | 11 MELBOURNE ROAD |
| 30 Nov 2022 | £698,670 | £710,000 | 31 MELBOURNE ROAD |
| 20 Sep 2022 | £334,433 | £338,500 | 35 WARWICK GARDENS |
| 27 Aug 2021 | £616,667 | £555,000 | 50 MELBOURNE ROAD |
| 28 Jun 2021 | £961,733 | £900,000 | 10 MELBOURNE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Coventry Road |
| Mar 2024 | Drugs | Under investigation | On or near Coventry Road |
| Mar 2024 | Burglary | Under investigation | On or near Warwick Gardens |
| Mar 2024 | Vehicle crime | Under investigation | On or near Warwick Gardens |
| Feb 2024 | Anti-social behaviour | On or near Coventry Road |