£381,000
This estimated value is based upon the latest sale price for the house of £300,000 on 3 Nov 2017. 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 |
|---|---|
| £300,000 | 3 Nov 2017 |
| £265,000 | 5 Dec 2014 |
| £207,500 | 17 Apr 2014 |
| £95,000 | 8 Nov 2000 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 November 2017 the House Price Index for GREATER LONDON was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £300,000 results in an estimated price of approximately £381,000.
| 3 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £300,000 | £81,000 | £381,000 |
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 | 3.518 % | £10,553 | £310,553 |
| 3 Month Average | 15.226 % | £45,678 | £345,678 |
| 6 Month Average | 35.656 % | £106,968 | £406,968 |
| 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 58 sq meters or 624 sq feet when measured on 18 Aug 2017. Using an estimated price of £381,000 means this house is valued at £6,568 per sq meter (£610 per sq foot).
The average size of a house on ANDREW CLOSE is 61 sq meters (662 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Andrew Close |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Andrew Close |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Andrew Close |
| Sep 2024 | Shoplifting | Under investigation | On or near Andrew Close |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Andrew Close |