£407,151
This estimated value is based upon the latest sale price for the house of £235,000 on 2 Aug 2013. 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 |
---|---|
£235,000 | 2 Aug 2013 |
£171,000 | 16 Dec 2005 |
£89,000 | 12 Nov 1999 |
£35,000 | 21 Aug 1997 |
£50,000 | 28 May 1996 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 2013 the House Price Index for GREATER LONDON was 60.2.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 73.256%.Applying this 73.256% change to the original purchase price of £235,000 results in an estimated price of approximately £407,151.
2 Aug 2013 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
60.2 | 104.3 | 73.256 % | £235,000 | £172,151 | £407,151 |
The Postcode Pricing Model uses changes in average sales price within the IG7 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 | 23.470 % | £55,153 | £290,153 |
3 Month Average | 30.369 % | £71,367 | £306,367 |
6 Month Average | 57.179 % | £134,371 | £369,371 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Oct 2024 | £416,783 | £400,000 | 7 FLETCHER ROAD |
8 Mar 2024 | £459,048 | £430,000 | 35A BURROW GREEN |
11 Dec 2023 | £456,514 | £425,000 | 9 BURROW GREEN |
19 May 2023 | £372,152 | £351,100 | 12 BOAR CLOSE |
4 May 2023 | £476,982 | £450,000 | 41 BURROW ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 28 Nov 2013. Using an estimated price of £407,151 means this house is valued at £4,847 per sq meter (£450 per sq foot).
The average size of a house on FERNIE CLOSE is 132 sq meters (1,420 sq feet).
This house is the smallest in the street with a floor area of 84 sq meters (904 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2025 | Anti-social behaviour | On or near Pollard Close | |
Apr 2025 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pollard Close |
Mar 2025 | Criminal damage and arson | Under investigation | On or near Pollard Close |
Apr 2025 | Anti-social behaviour | On or near Fernie Close | |
Feb 2025 | Theft from the person | Investigation complete; no suspect identified | On or near Fernie Close |