£845,669
This estimated value is based upon the latest sale price for the house of £495,000 on 24 Jun 2010. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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3-4 Broadway Parade, Fencepiece Road, Ilford, IG6 2JU
Phone: 02081157730
| Price Paid | Date |
|---|---|
| £495,000 | 24 Jun 2010 |
| £230,000 | 29 Nov 2001 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,209 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 2010 the House Price Index for GREATER LONDON was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.842%.Applying this 70.842% change to the original purchase price of £495,000 results in an estimated price of approximately £845,669.
| 24 Jun 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.842 % | £495,000 | £350,669 | £845,669 |
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 | 19.908 % | £98,546 | £593,546 |
| 3 Month Average | 79.638 % | £394,207 | £889,207 |
| 6 Month Average | 85.712 % | £424,275 | £919,275 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Oct 2022 | £797,337 | £800,000 | 3 LOMBARDY CLOSE |
| 8 Jul 2022 | £641,427 | £635,000 | 276 TOMSWOOD HILL |
| 13 May 2022 | £739,259 | £720,000 | 14 ELDERBERRY CLOSE |
| 25 Feb 2022 | £1,033,215 | £978,000 | 5 NICOLA MEWS |
| 3 Sep 2021 | £619,969 | £571,100 | 49 COPTHORNE AVENUE |
This house has a floor area of 112 sq meters or 1,209 sq feet when measured on 23 Jun 2009. Using an estimated price of £845,670 means this house is valued at £7,527 per sq meter (£699 per sq foot).
The average size of a house on TOMSWOOD HILL is 88 sq meters (954 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Amber Lane |