£493,123
This estimated value is based upon the latest sale price for the house of £426,500 on 22 Dec 2020. 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 |
|---|---|
| £426,500 | 22 Dec 2020 |
| £230,000 | 7 May 2010 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 December 2020 the House Price Index for GREATER LONDON was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £426,500 results in an estimated price of approximately £493,123.
| 22 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £426,500 | £66,623 | £493,123 |
The Postcode Pricing Model uses changes in average sales price within the IG6 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 | 9.592 % | £40,909 | £467,409 |
| 3 Month Average | 13.385 % | £57,085 | £483,585 |
| 6 Month Average | 28.629 % | £122,103 | £548,603 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Apr 2024 | £378,285 | £375,000 | 17 ANDREW CLOSE |
| 30 Nov 2023 | £410,417 | £399,999 | 41 LAING CLOSE |
| 9 Mar 2022 | £234,885 | £225,000 | 25 ANDREW CLOSE |
| 20 Jan 2022 | £307,458 | £290,000 | 8 LAING CLOSE |
| 17 Dec 2021 | £404,740 | £375,000 | 28 LAING CLOSE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 16 Aug 2020. Using an estimated price of £493,123 means this house is valued at £6,013 per sq meter (£558 per sq foot).
The average size of a house on ANDREW CLOSE is 61 sq meters (662 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Andrew Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Andrew Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Andrew Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Andrew Close |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Andrew Close |