£431,373
This estimated value is based upon the latest sale price for the house of £133,000 on 5 Oct 2001. 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 |
|---|---|
| £133,000 | 5 Oct 2001 |
| £77,000 | 28 Sep 1998 |
| £58,000 | 31 Aug 1995 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 October 2001 the House Price Index for GREATER LONDON was 45.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 224.341%.Applying this 224.341% change to the original purchase price of £133,000 results in an estimated price of approximately £431,373.
| 5 Oct 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 148.6 | 224.341 % | £133,000 | £298,373 | £431,373 |
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 | 62.790 % | £83,510 | £216,510 |
| 3 Month Average | 181.425 % | £241,294 | £374,294 |
| 6 Month Average | 193.172 % | £256,918 | £389,918 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2023 | £605,707 | £600,000 | 135 WELLESLEY ROAD |
| 17 Nov 2022 | £479,196 | £485,000 | 323 THOROLD ROAD |
| 30 Jun 2022 | £623,816 | £615,000 | 280 BALFOUR ROAD |
| 8 Apr 2022 | £567,419 | £551,000 | 220 WELLESLEY ROAD |
| 8 Oct 2021 | £686,016 | £620,000 | 356 THOROLD ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 13 Aug 2013. Using an estimated price of £431,374 means this house is valued at £4,846 per sq meter (£450 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 | Vehicle crime | Under investigation | On or near Dunedin Road |
| Mar 2024 | Other theft | Under investigation | On or near Dunedin Road |
| Feb 2024 | Vehicle crime | Under investigation | On or near Dunedin Road |
| Feb 2024 | Other theft | Under investigation | On or near Dunedin Road |