£397,976
This estimated value is based upon the latest sale price for the house of £107,000 on 14 Jul 2000. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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12 Electric Parade, Seven Kings Road, Ilford, IG3 8BY
Phone: 02081157704
| Price Paid | Date |
|---|---|
| £107,000 | 14 Jul 2000 |
| 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 2000 the House Price Index for GREATER LONDON was 40.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 271.941%.Applying this 271.941% change to the original purchase price of £107,000 results in an estimated price of approximately £397,976.
| 14 Jul 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.0 | 148.6 | 271.941 % | £107,000 | £290,976 | £397,976 |
The Postcode Pricing Model uses changes in average sales price within the IG3 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 | 286.564 % | £306,623 | £413,623 |
| 3 Month Average | 269.797 % | £288,682 | £395,682 |
| 6 Month Average | 297.512 % | £318,337 | £425,337 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £453,971 | £450,000 | 10 SALISBURY ROAD |
| 24 Sep 2021 | £511,856 | £475,000 | 34 CLANDON ROAD |
| 28 Jun 2021 | £457,066 | £426,000 | 52 ELMSTEAD ROAD |
| 3 Jun 2020 | £1,471,383 | £1,215,000 | 610 HIGH ROAD |
| 1 Jun 2020 | £420,828 | £347,500 | 38 SALISBURY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Elmstead Road | |
| Jan 2024 | Anti-social behaviour | On or near Elmstead Road | |
| Jan 2024 | Anti-social behaviour | On or near Elmstead Road | |
| Jan 2024 | Anti-social behaviour | On or near Salisbury Road | |
| Jan 2024 | Anti-social behaviour | On or near Salisbury Road |