£409,501
This estimated value is based upon the latest sale price for the house of £310,000 on 16 Dec 2016. 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 |
|---|---|
| £310,000 | 16 Dec 2016 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2016 the House Price Index for GREATER LONDON was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £310,000 results in an estimated price of approximately £409,501.
| 16 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £310,000 | £99,501 | £409,501 |
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 | -3.718 % | £-11,525 | £298,474 |
| 3 Month Average | 4.795 % | £14,865 | £324,865 |
| 6 Month Average | 10.969 % | £34,004 | £344,004 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £400,000 | £400,000 | 124 ARROWSMITH ROAD |
| 29 Aug 2023 | £442,990 | £435,000 | 24 FLETCHER ROAD |
| 21 Mar 2023 | £355,944 | £350,000 | 126 ARROWSMITH ROAD |
| 24 Feb 2023 | £402,690 | £400,000 | 132 ARROWSMITH ROAD |
| 6 Jan 2023 | £450,203 | £449,000 | 7 BURROW GREEN |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 3 Feb 2017. Using an estimated price of £409,502 means this house is valued at £4,653 per sq meter (£432 per sq foot).
The average size of a house on BURROW ROAD is 82 sq meters (890 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Pollard Close |
| Sep 2024 | Anti-social behaviour | On or near Pollard Close | |
| Sep 2024 | Anti-social behaviour | On or near Pollard Close |