£292,634
This estimated value is based upon the latest sale price for the house of £220,000 on 10 Jun 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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546 LEY STREET, ILFORD, IG2 7DB
Phone: 02045169647
| Price Paid | Date |
|---|---|
| £220,000 | 10 Jun 2016 |
| £35,995 | 23 May 1997 |
| Flats/Maisonettes |
| Leasehold |
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 2016 the House Price Index for GREATER LONDON was 111.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 33.016%.Applying this 33.016% change to the original purchase price of £220,000 results in an estimated price of approximately £292,634.
| 10 Jun 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.0 | 33.016 % | £220,000 | £72,634 | £292,634 |
The Postcode Pricing Model uses changes in average sales price within the IG2 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 | 35.905 % | £78,991 | £298,991 |
| 3 Month Average | -12.159 % | £-26,749 | £193,250 |
| 6 Month Average | 9.718 % | £21,379 | £241,379 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £1,438,467 | £1,420,000 | 607 LEY STREET |
| 20 Jan 2022 | £440,227 | £420,000 | 11 PARKLANDS CLOSE |
| 22 Oct 2021 | £220,402 | £200,000 | 4 JOAN VILLAS |
| 15 Oct 2021 | £286,523 | £260,000 | 570 LEY STREET |
| 2 Apr 2019 | £328,860 | £267,000 | 559 LEY STREET |