£268,149
This estimated value is based upon the latest sale price for the house of £47,250 on 26 Apr 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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7 Goodmayes Road, Ravenings Parade, Goodmayes, Ilford, IG3 9NR
Phone: 02077681786
| Price Paid | Date |
|---|---|
| £47,250 | 26 Apr 1996 |
| Flats/Maisonettes |
| Leasehold |
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 1996 the House Price Index for GREATER LONDON was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.512%.Applying this 467.512% change to the original purchase price of £47,250 results in an estimated price of approximately £268,149.
| 26 Apr 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 149.7 | 467.512 % | £47,250 | £220,899 | £268,149 |
The Postcode Pricing Model uses changes in average sales price within the IG3 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 | 382.273 % | £180,624 | £227,874 |
| 3 Month Average | 493.665 % | £233,256 | £280,506 |
| 6 Month Average | 494.524 % | £233,662 | £280,912 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2022 | £462,037 | £450,000 | 88 - 90 GOODMAYES ROAD |
| 9 Mar 2022 | £751,632 | £720,000 | 9 CASTLETON ROAD |
| 3 Feb 2022 | £549,358 | £520,000 | 59 GOODMAYES ROAD |
| 3 Sep 2021 | £3,799 | £3,500 | UNIT 2 KINFAUNS HOUSE, 51 - 53 GOODMAYES ROAD |
| 18 Dec 2020 | £416,235 | £360,000 | 35 GOODMAYES AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
| Sep 2024 | Drugs | Local resolution | On or near Parking Area |
| Sep 2024 | Drugs | Local resolution | On or near Parking Area |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |