£574,823
This estimated value is based upon the latest sale price for the house of £225,000 on 18 Dec 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 Central Parade, Ley Street, Newbury Park, IG2 7DE
Phone: 02036416062
| Price Paid | Date |
|---|---|
| £225,000 | 18 Dec 2002 |
| £199,995 | 14 Aug 2002 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 December 2002 the House Price Index for GREATER LONDON was 58.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 155.477%.Applying this 155.477% change to the original purchase price of £225,000 results in an estimated price of approximately £574,823.
| 18 Dec 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 149.7 | 155.477 % | £225,000 | £349,823 | £574,823 |
The Postcode Pricing Model uses changes in average sales price within the IG2 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 | 198.548 % | £446,732 | £671,732 |
| 3 Month Average | 112.046 % | £252,104 | £477,104 |
| 6 Month Average | 155.547 % | £349,981 | £574,981 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £286,311 | £280,000 | 71 LANCING ROAD |
| 13 Sep 2022 | £179,880 | £180,000 | 78 DELLOW CLOSE |
| 28 Jan 2022 | £270,351 | £255,000 | 79 DELLOW CLOSE |
| 17 Dec 2021 | £636,792 | £590,000 | 1 LANCING ROAD |
| 3 Dec 2021 | £222,337 | £206,000 | 67 DELLOW CLOSE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 2 Jul 2021. Using an estimated price of £574,823 means this house is valued at £5,865 per sq meter (£544 per sq foot).
The average size of a house on CLIFTON ROAD is 100 sq meters (1,079 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lancing Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cotswold Gardens |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |