£554,769
This estimated value is based upon the latest sale price for the house of £475,000 on 16 Nov 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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223 New North Road, Ilford, IG6 3AG
Phone: 02035441632
| Price Paid | Date |
|---|---|
| £475,000 | 16 Nov 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 November 2020 the House Price Index for GREATER LONDON was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £475,000 results in an estimated price of approximately £554,769.
| 16 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £475,000 | £79,769 | £554,769 |
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 | -2.807 % | £-13,333 | £461,666 |
| 3 Month Average | 14.442 % | £68,598 | £543,598 |
| 6 Month Average | 19.544 % | £92,834 | £567,834 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £340,000 | £340,000 | 16 TRENTBRIDGE CLOSE |
| 20 Dec 2023 | £577,753 | £560,000 | 29 PENRITH ROAD |
| 2 Jun 2023 | £527,062 | £516,500 | 19 PENRITH ROAD |
| 8 Jun 2022 | £291,225 | £285,000 | 40 TRENTBRIDGE CLOSE |
| 8 Feb 2022 | £221,328 | £209,500 | 28 TRENTBRIDGE CLOSE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 11 Sep 2020. Using an estimated price of £554,769 means this house is valued at £7,204 per sq meter (£669 per sq foot).
The average size of a house on PENRITH ROAD is 94 sq meters (1,013 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Possession of weapons | Under investigation | On or near Penrith Road |
| Sep 2024 | Drugs | Unable to prosecute suspect | On or near Trafford Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trafford Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trafford Close |