£323,108
This estimated value is based upon the latest sale price for the house of £229,000 on 7 Aug 2015. 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 |
|---|---|
| £229,000 | 7 Aug 2015 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 August 2015 the House Price Index for GREATER LONDON was 104.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 41.095%.Applying this 41.095% change to the original purchase price of £229,000 results in an estimated price of approximately £323,108.
| 7 Aug 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 146.7 | 41.095 % | £229,000 | £94,108 | £323,108 |
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 | 29.736 % | £68,094 | £297,094 |
| 3 Month Average | 31.993 % | £73,263 | £302,263 |
| 6 Month Average | 34.157 % | £78,219 | £307,219 |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 6 Feb 2020.
The average size of a house on LAING CLOSE is 52 sq meters (561 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Andrew Close |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Andrew Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Andrew Close |
| Jan 2024 | Criminal damage and arson | Awaiting court outcome | On or near Andrew Close |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Andrew Close |