£393,947
This estimated value is based upon the latest sale price for the house of £365,000 on 21 Dec 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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223 New North Road, Ilford, IG6 3AG
Phone: 02035441632
| Price Paid | Date |
|---|---|
| £365,000 | 21 Dec 2021 |
| £215,000 | 19 Dec 2013 |
| £176,000 | 16 May 2007 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 2021 the House Price Index for GREATER LONDON was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £365,000 results in an estimated price of approximately £393,947.
| 21 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £365,000 | £28,947 | £393,947 |
The Postcode Pricing Model uses changes in average sales price within the IG7 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 | -1.029 % | £-3,756 | £361,243 |
| 3 Month Average | 12.849 % | £46,898 | £411,898 |
| 6 Month Average | 21.299 % | £77,742 | £442,742 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £400,000 | £400,000 | 124 ARROWSMITH ROAD |
| 29 Aug 2023 | £442,990 | £435,000 | 24 FLETCHER ROAD |
| 21 Mar 2023 | £355,944 | £350,000 | 126 ARROWSMITH ROAD |
| 24 Feb 2023 | £402,690 | £400,000 | 132 ARROWSMITH ROAD |
| 6 Jan 2023 | £450,203 | £449,000 | 7 BURROW GREEN |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 19 Oct 2012. Using an estimated price of £393,947 means this house is valued at £6,060 per sq meter (£563 per sq foot).
The average size of a house on BURROW ROAD is 82 sq meters (890 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burrow Green |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Pollard Close |
| Sep 2024 | Anti-social behaviour | On or near Pollard Close | |
| Sep 2024 | Anti-social behaviour | On or near Pollard Close | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Pollard Close |