£267,447
This estimated value is based upon the latest sale price for the house of £215,000 on 8 Jun 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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160-162 Cranbrook Road, Ilford, IG1 4PE
Phone: 02035443909
Price Paid | Date |
---|---|
£215,000 | 8 Jun 2018 |
£99,995 | 6 Aug 2010 |
£64,000 | 8 May 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 34 sq meters or 375 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 June 2018 the House Price Index for GREATER LONDON was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £215,000 results in an estimated price of approximately £267,447.
8 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 148.6 | 24.394 % | £215,000 | £52,447 | £267,447 |
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 | 11.305 % | £24,305 | £239,305 |
3 Month Average | 11.488 % | £24,700 | £239,700 |
6 Month Average | 6.688 % | £14,378 | £229,378 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Nov 2021 | £256,860 | £237,500 | 66A INGLEBY ROAD |
15 Oct 2021 | £204,698 | £185,000 | 41F VALENTINES ROAD |
12 Aug 2021 | £331,338 | £297,000 | 1 GREENWAY COURT, 1 VALENTINES ROAD |
3 Jul 2020 | £377,271 | £312,000 | 37C VALENTINES ROAD |
2 Oct 2019 | £337,239 | £275,000 | 60 INGLEBY ROAD |
This house has a floor area of 34 sq meters or 375 sq feet when measured on 25 Feb 2010. Using an estimated price of £267,448 means this house is valued at £7,669 per sq meter (£712 per sq foot).
The average size of a house on VALENTINES ROAD is 86 sq meters (928 sq feet).