£485,342
This estimated value is based upon the latest sale price for the house of £250,000 on 12 Jul 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1b Redbridge Lane East, Ilford, IG4 5ET
Phone: 02080338426
| Price Paid | Date |
|---|---|
| £250,000 | 12 Jul 2004 |
| £205,000 | 20 Feb 2004 |
| Terraced |
| Freehold |
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 July 2004 the House Price Index for GREATER LONDON was 76.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 94.137%.Applying this 94.137% change to the original purchase price of £250,000 results in an estimated price of approximately £485,342.
| 12 Jul 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 148.0 | 94.137 % | £250,000 | £235,342 | £485,342 |
The Postcode Pricing Model uses changes in average sales price within the IG4 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 | -11.716 % | £-29,289 | £220,710 |
| 3 Month Average | 43.815 % | £109,536 | £359,536 |
| 6 Month Average | 103.551 % | £258,877 | £508,877 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £568,457 | £565,000 | 29 DANEHURST GARDENS |
| 25 Apr 2023 | £564,193 | £560,000 | 67 DANEHURST GARDENS |
| 9 Mar 2023 | £603,261 | £600,000 | 38 WINDERMERE GARDENS |
| 19 Jan 2023 | £346,952 | £350,000 | 76 DANEHURST GARDENS |
| 18 Jul 2022 | £609,177 | £610,000 | 47 WINDERMERE GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Danehurst Gardens |
| Feb 2024 | Public order | Under investigation | On or near Danehurst Gardens |
| Apr 2024 | Burglary | Under investigation | On or near Windermere Gardens |
| Apr 2024 | Theft from the person | Under investigation | On or near Windermere Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Windermere Gardens |