£704,264
This estimated value is based upon the latest sale price for the house of £342,000 on 2 Apr 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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3-4 Broadway Parade, Fencepiece Road, Ilford, IG6 2JU
Phone: 02081157730
Price Paid | Date |
---|---|
£342,000 | 2 Apr 2004 |
£249,995 | 13 Nov 2003 |
Semi-Detached |
Freehold |
Floor Area: 119 sq meters or 1,280 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 2004 the House Price Index for GREATER LONDON was 72.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 105.925%.Applying this 105.925% change to the original purchase price of £342,000 results in an estimated price of approximately £704,264.
2 Apr 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
72.7 | 149.7 | 105.925 % | £342,000 | £362,264 | £704,264 |
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 | 30.518 % | £104,372 | £446,372 |
3 Month Average | 92.550 % | £316,522 | £658,522 |
6 Month Average | 102.465 % | £350,429 | £692,429 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Oct 2022 | £797,337 | £800,000 | 3 LOMBARDY CLOSE |
8 Jul 2022 | £641,427 | £635,000 | 276 TOMSWOOD HILL |
13 May 2022 | £739,259 | £720,000 | 14 ELDERBERRY CLOSE |
25 Feb 2022 | £1,033,215 | £978,000 | 5 NICOLA MEWS |
3 Sep 2021 | £619,969 | £571,100 | 49 COPTHORNE AVENUE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 5 Jan 2015. Using an estimated price of £704,264 means this house is valued at £5,918 per sq meter (£549 per sq foot).
The average size of a house on TOMSWOOD HILL is 88 sq meters (954 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Amber Lane |