£786,658
This estimated value is based upon the latest sale price for the house of £555,000 on 26 Oct 2015. 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 |
|---|---|
| £555,000 | 26 Oct 2015 |
| £161,995 | 5 Nov 1999 |
| Terraced |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 October 2015 the House Price Index for GREATER LONDON was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £555,000 results in an estimated price of approximately £786,658.
| 26 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 149.7 | 41.740 % | £555,000 | £231,658 | £786,658 |
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 | 80.739 % | £448,102 | £1,003,102 |
| 3 Month Average | -2.277 % | £-12,635 | £542,364 |
| 6 Month Average | 17.363 % | £96,365 | £651,365 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £360,539 | £355,000 | 52 COVENTRY ROAD |
| 29 Aug 2023 | £274,959 | £270,000 | 64A COVENTRY ROAD |
| 24 Nov 2022 | £632,045 | £635,000 | 56 AUCKLAND ROAD |
| 29 Jun 2022 | £531,358 | £520,000 | 68 AUCKLAND ROAD |
| 28 Jun 2022 | £572,232 | £560,000 | 28 CHRISTCHURCH ROAD |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 14 Jun 2014. Using an estimated price of £786,658 means this house is valued at £5,959 per sq meter (£553 per sq foot).
The average size of a house on CHRISTCHURCH ROAD is 119 sq meters (1,282 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Coventry Road |