£597,308
This estimated value is based upon the latest sale price for the house of £475,000 on 19 Apr 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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716 Cranbrook Road, Barkingside, Ilford, IG6 1HU
Phone: 02035514465
| Price Paid | Date |
|---|---|
| £475,000 | 19 Apr 2018 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 April 2018 the House Price Index for GREATER LONDON was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £475,000 results in an estimated price of approximately £597,308.
| 19 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £475,000 | £122,308 | £597,308 |
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 | 43.549 % | £206,858 | £681,858 |
| 3 Month Average | 22.339 % | £106,108 | £581,108 |
| 6 Month Average | 34.302 % | £162,935 | £637,935 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £533,192 | £525,000 | 68 GREENLEAFE DRIVE |
| 13 Mar 2023 | £292,383 | £287,500 | 22 GAYSHAM HALL LONGWOOD GARDENS |
| 26 Jul 2022 | £303,036 | £300,000 | 69 GAYSHAM HALL LONGWOOD GARDENS |
| 25 May 2022 | £574,979 | £560,000 | 8 OAKLEAFE GARDENS |
| 23 Dec 2021 | £172,689 | £160,000 | 25 GAYSHAM HALL LONGWOOD GARDENS |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 13 Sep 2017. Using an estimated price of £597,309 means this house is valued at £5,743 per sq meter (£533 per sq foot).
The average size of a house on OAKLEAFE GARDENS is 124 sq meters (1,341 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Oakleafe Gardens |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakleafe Gardens |
| Jul 2024 | Anti-social behaviour | On or near Oakleafe Gardens | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakleafe Gardens |
| Jul 2024 | Anti-social behaviour | On or near Oakleafe Gardens |