£313,498
This estimated value is based upon the latest sale price for the house of £245,000 on 14 Mar 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
223 New North Road, Ilford, IG6 3AG
Phone: 02035441632
| Price Paid | Date |
|---|---|
| £245,000 | 14 Mar 2017 |
| £107,000 | 8 Sep 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 March 2017 the House Price Index for GREATER LONDON was 114.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.959%.Applying this 27.959% change to the original purchase price of £245,000 results in an estimated price of approximately £313,498.
| 14 Mar 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 146.7 | 27.959 % | £245,000 | £68,498 | £313,498 |
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 | -14.128 % | £-34,614 | £210,385 |
| 3 Month Average | -11.388 % | £-27,899 | £217,100 |
| 6 Month Average | -8.474 % | £-20,761 | £224,238 |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 30 Jun 2016.
The average size of a house on ARROWSMITH CLOSE is 90 sq meters (973 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Arrowsmith Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Holt Close |
| Jan 2024 | Robbery | Under investigation | On or near Tufter Road |