£674,324
This estimated value is based upon the latest sale price for the house of £650,000 on 28 Apr 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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293 Eastern Avenue, Ilford, IG2 6NT
Phone: 02080225472
| Price Paid | Date |
|---|---|
| £650,000 | 28 Apr 2022 |
| £91,000 | 6 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 2022 the House Price Index for GREATER LONDON was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £650,000 results in an estimated price of approximately £674,324.
| 28 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £650,000 | £24,324 | £674,324 |
The Postcode Pricing Model uses changes in average sales price within the IG4 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 | 110.564 % | £718,668 | £1,368,668 |
| 3 Month Average | 23.579 % | £153,262 | £803,262 |
| 6 Month Average | 2.436 % | £15,831 | £665,831 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £448,691 | £438,500 | 143A BEEHIVE LANE |
| 17 Aug 2023 | £621,204 | £610,000 | 253 EASTERN AVENUE |
| 14 Aug 2023 | £565,194 | £555,000 | 30 CASTLEVIEW GARDENS |
| 6 Jan 2023 | £666,782 | £665,000 | 261 EASTERN AVENUE |
| 15 Jul 2022 | £565,668 | £560,000 | 314 EASTERN AVENUE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 3 Oct 2018. Using an estimated price of £674,324 means this house is valued at £6,074 per sq meter (£564 per sq foot).
The average size of a house on EASTERN AVENUE is 128 sq meters (1,383 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sussex Close |
| Apr 2024 | Other theft | Under investigation | On or near Sussex Close |
| Apr 2024 | Other theft | Under investigation | On or near Sussex Close |