£28,053
This estimated value is based upon the latest sale price for the house of £5,000 on 14 Apr 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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London, IG1 4AA
Phone: 02080330232
| Price Paid | Date |
|---|---|
| £5,000 | 14 Apr 1996 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 1996 the House Price Index for GREATER LONDON was 26.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 461.067%.Applying this 461.067% change to the original purchase price of £5,000 results in an estimated price of approximately £28,053.
| 14 Apr 1996 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 148.0 | 461.067 % | £5,000 | £23,053 | £28,053 |
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 | 217.465 % | £10,873 | £15,873 |
| 3 Month Average | 376.955 % | £18,847 | £23,847 |
| 6 Month Average | 377.636 % | £18,881 | £23,881 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2023 | £603,261 | £600,000 | 135 WELLESLEY ROAD |
| 17 Nov 2022 | £477,261 | £485,000 | 323 THOROLD ROAD |
| 30 Jun 2022 | £621,297 | £615,000 | 280 BALFOUR ROAD |
| 8 Apr 2022 | £565,128 | £551,000 | 220 WELLESLEY ROAD |
| 24 Mar 2021 | £415,730 | £375,000 | 373 THOROLD ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 15 Dec 2018. Using an estimated price of £28,053 means this house is valued at £301 per sq meter (£28 per sq foot).
The average size of a house on BALFOUR ROAD is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Dunedin Road |
| Mar 2024 | Other theft | Under investigation | On or near Dunedin Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Dunedin Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Dunedin Road |
| Feb 2024 | Vehicle crime | Under investigation | On or near Dunedin Road |