£443,999
This estimated value is based upon the latest sale price for the house of £280,000 on 7 Mar 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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223 New North Road, Ilford, IG6 3AG
Phone: 02035441632
| Price Paid | Date |
|---|---|
| £280,000 | 7 Mar 2014 |
| £186,500 | 9 Jul 2003 |
| £97,000 | 12 Jun 2000 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 sq feet |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in March 2014 the House Price Index for ESSEX was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £280,000 results in an estimated price of approximately £443,999.
| 7 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 149.7 | 58.571 % | £280,000 | £163,999 | £443,999 |
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 | 25.455 % | £71,273 | £351,273 |
| 3 Month Average | 42.859 % | £120,005 | £400,005 |
| 6 Month Average | 54.990 % | £153,973 | £433,973 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jan 2023 | £1,002,679 | £1,000,000 | ORCHARD HOUSE, 241 LAMBOURNE ROAD |
| 20 Jan 2023 | £902,411 | £900,000 | 71 THE BOWLS |
| 14 Jul 2022 | £494,960 | £490,000 | 2 SHILLIBEER WALK |
| 27 Apr 2022 | £741,757 | £715,000 | 3 ORCHID GROVE |
| 6 Apr 2022 | £534,272 | £515,000 | 1 SHILLIBEER WALK |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 11 Dec 2013. Using an estimated price of £444,000 means this house is valued at £6,830 per sq meter (£634 per sq foot).
The average size of a house on SHILLIBEER WALK is 89 sq meters (958 sq feet).
This house is the smallest in the street with a floor area of 65 sq meters (699 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Canterbury Close |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near School Lane |
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Orchid Grove |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vicarage Lane |
| Aug 2024 | Other crime | Unable to prosecute suspect | On or near Vicarage Lane |