£447,027
This estimated value is based upon the latest sale price for the house of £335,000 on 7 Oct 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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88 Ley Street, Ilford, IG1 4BX
Phone: 02081664069
| Price Paid | Date |
|---|---|
| £335,000 | 7 Oct 2016 |
| £170,000 | 20 Sep 2006 |
| £106,000 | 8 Feb 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 2016 the House Price Index for GREATER LONDON was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £335,000 results in an estimated price of approximately £447,027.
| 7 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £335,000 | £112,027 | £447,027 |
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 | 68.890 % | £230,783 | £565,783 |
| 3 Month Average | -11.340 % | £-37,988 | £297,011 |
| 6 Month Average | 2.253 % | £7,546 | £342,546 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £430,939 | £420,000 | 84 AUCKLAND ROAD |
| 24 Nov 2022 | £632,045 | £635,000 | 56 AUCKLAND ROAD |
| 29 Jun 2022 | £531,358 | £520,000 | 68 AUCKLAND ROAD |
| 28 Jun 2022 | £572,232 | £560,000 | 28 CHRISTCHURCH ROAD |
| 27 Aug 2021 | £623,750 | £555,000 | 50 MELBOURNE ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 30 Jun 2016. Using an estimated price of £447,028 means this house is valued at £6,773 per sq meter (£629 per sq foot).
The average size of a house on AUCKLAND ROAD is 103 sq meters (1,117 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Auckland Road |