£553,619
This estimated value is based upon the latest sale price for the house of £305,000 on 7 Oct 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1b Redbridge Lane East, Ilford, IG4 5ET
Phone: 02080338426
| Price Paid | Date |
|---|---|
| £305,000 | 7 Oct 2005 |
| Terraced |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 2005 the House Price Index for GREATER LONDON was 81.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 81.515%.Applying this 81.515% change to the original purchase price of £305,000 results in an estimated price of approximately £553,619.
| 7 Oct 2005 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.0 | 81.515 % | £305,000 | £248,619 | £553,619 |
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 | -14.473 % | £-44,144 | £260,855 |
| 3 Month Average | 47.566 % | £145,076 | £450,076 |
| 6 Month Average | 91.119 % | £277,911 | £582,911 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £568,457 | £565,000 | 29 DANEHURST GARDENS |
| 25 Apr 2023 | £564,193 | £560,000 | 67 DANEHURST GARDENS |
| 19 Jan 2023 | £346,952 | £350,000 | 76 DANEHURST GARDENS |
| 24 Nov 2021 | £610,742 | £567,000 | 24 DANEHURST GARDENS |
| 29 Jun 2021 | £897,617 | £840,000 | 22 DANEHURST GARDENS |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 19 Apr 2018. Using an estimated price of £553,619 means this house is valued at £4,814 per sq meter (£447 per sq foot).
The average size of a house on DANEHURST GARDENS is 125 sq meters (1,353 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Danehurst Gardens |
| Feb 2024 | Public order | Under investigation | On or near Danehurst Gardens |
| Mar 2024 | Vehicle crime | Under investigation | On or near Inglehurst Gardens |
| Mar 2024 | Vehicle crime | Under investigation | On or near Inglehurst Gardens |
| Apr 2024 | Anti-social behaviour | On or near Crombie Close |