£11,150
This estimated value is based upon the latest sale price for the house of £9,000 on 1 Jun 2018. 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 |
|---|---|
| £9,000 | 1 Jun 2018 |
| £370,000 | 15 Nov 2017 |
| £370,000 | 15 Nov 2017 |
| £199,250 | 11 Mar 2010 |
| £140,000 | 17 Jun 2009 |
| Freehold |
| Floor Area: 84 sq meters or 904 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 June 2018 the House Price Index for GREATER LONDON was 119.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.892%.Applying this 23.892% change to the original purchase price of £9,000 results in an estimated price of approximately £11,150.
| 1 Jun 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.0 | 23.892 % | £9,000 | £2,150 | £11,150 |
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 | 11.305 % | £1,017 | £10,017 |
| 3 Month Average | 11.488 % | £1,033 | £10,033 |
| 6 Month Average | 6.688 % | £601 | £9,601 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £356,203 | £355,000 | 52 COVENTRY ROAD |
| 29 Aug 2023 | £271,652 | £270,000 | 64A COVENTRY ROAD |
| 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 |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 10 Aug 2016. Using an estimated price of £11,150 means this house is valued at £132 per sq meter (£12 per sq foot).
The average size of a house on COVENTRY ROAD is 103 sq meters (1,114 sq feet).
| 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 |
| Feb 2024 | Anti-social behaviour | On or near Coventry Road | |
| Jan 2024 | Anti-social behaviour | On or near Coventry Road | |
| Jan 2024 | Anti-social behaviour | On or near Coventry Road |