£482,474
This estimated value is based upon the latest sale price for the house of £387,200 on 23 Aug 2018. 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 |
|---|---|
| £387,200 | 23 Aug 2018 |
| £265,000 | 17 Jan 2014 |
| £180,000 | 28 Aug 2003 |
| £103,000 | 7 Apr 2000 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 August 2018 the House Price Index for GREATER LONDON was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £387,200 results in an estimated price of approximately £482,474.
| 23 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £387,200 | £95,274 | £482,474 |
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 | -16.066 % | £-62,206 | £324,993 |
| 3 Month Average | -1.624 % | £-6,288 | £380,911 |
| 6 Month Average | 7.617 % | £29,493 | £416,693 |
| 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 |
| 23 Aug 2022 | £442,067 | £440,000 | 21 FLETCHER ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 24 Apr 2014. Using an estimated price of £482,474 means this house is valued at £5,301 per sq meter (£492 per sq foot).
The average size of a house on FERNIE CLOSE is 132 sq meters (1,420 sq feet).
This house is the largest in the street with a floor area of 91 sq meters (979 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 | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Pollard Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Fernie Close |