£290,403
This estimated value is based upon the latest sale price for the house of £107,000 on 2 Sep 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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859 High Road, Ilford, IG3 8TG
Phone: 02036414432
Price Paid | Date |
---|---|
£107,000 | 2 Sep 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 51 sq meters or 548 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 September 2002 the House Price Index for GREATER LONDON was 55.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 171.405%.Applying this 171.405% change to the original purchase price of £107,000 results in an estimated price of approximately £290,403.
2 Sep 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
55.2 | 149.7 | 171.405 % | £107,000 | £183,403 | £290,403 |
The Postcode Pricing Model uses changes in average sales price within the IG3 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 | 122.317 % | £130,878 | £237,878 |
3 Month Average | 178.712 % | £191,221 | £298,221 |
6 Month Average | 182.700 % | £195,489 | £302,489 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £229,526 | £226,000 | FLAT 10 CORINTH HOUSE, 33 BARLEY LANE |
14 Dec 2023 | £784,094 | £760,000 | 31 EASTWOOD ROAD |
13 Mar 2023 | £254,246 | £250,000 | 80 WELLWOOD ROAD |
13 Jan 2023 | £386,031 | £385,000 | 47A EASTWOOD ROAD |
20 Jan 2022 | £413,477 | £390,000 | FLAT 8 22 - 24 EASTWOOD ROAD |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 27 Dec 2018. Using an estimated price of £290,403 means this house is valued at £5,694 per sq meter (£529 per sq foot).
The average size of a house on EASTWOOD ROAD is 67 sq meters (729 sq feet).