£548,265
This estimated value is based upon the latest sale price for the house of £439,999 on 17 Aug 2018. 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 |
|---|---|
| £439,999 | 17 Aug 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 August 2018 the House Price Index for GREATER LONDON was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £439,999 results in an estimated price of approximately £548,265.
| 17 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £439,999 | £108,266 | £548,265 |
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 | 7.358 % | £32,376 | £472,375 |
| 3 Month Average | 22.302 % | £98,128 | £538,127 |
| 6 Month Average | 23.788 % | £104,668 | £544,667 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £6,000,000 | £6,000,000 | 320 NEW NORTH ROAD |
| 20 Dec 2023 | £577,753 | £560,000 | 29 PENRITH ROAD |
| 20 Nov 2023 | £487,371 | £475,000 | 22 LIME GROVE |
| 5 Oct 2023 | £460,458 | £450,000 | 311 NEW NORTH ROAD |
| 2 Jun 2023 | £527,062 | £516,500 | 19 PENRITH ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 10 Nov 2014. Using an estimated price of £548,265 means this house is valued at £7,120 per sq meter (£661 per sq foot).
The average size of a house on NEW NORTH ROAD is 79 sq meters (859 sq feet).