£434,485
This estimated value is based upon the latest sale price for the house of £350,000 on 16 Nov 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 |
|---|---|
| £350,000 | 16 Nov 2018 |
| £64,995 | 18 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £350,000 results in an estimated price of approximately £434,485.
| 16 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £350,000 | £84,485 | £434,485 |
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 | -18.651 % | £-65,278 | £284,721 |
| 3 Month Average | 12.694 % | £44,427 | £394,427 |
| 6 Month Average | 30.812 % | £107,842 | £457,842 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Oct 2023 | £578,131 | £565,000 | 11 LONGPORT CLOSE |
| 31 Aug 2023 | £570,286 | £560,000 | 15 LONGPORT CLOSE |
| 18 Aug 2023 | £470,995 | £462,500 | 4 BURSLEM AVENUE |
| 9 Jun 2023 | £479,611 | £470,000 | 17 TUNSTALL AVENUE |
| 18 Mar 2022 | £464,315 | £444,775 | 11 BURSLEM AVENUE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 26 Mar 2018. Using an estimated price of £434,486 means this house is valued at £6,896 per sq meter (£640 per sq foot).
The average size of a house on NEW NORTH ROAD is 79 sq meters (859 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Tunstall Avenue |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Tunstall Avenue |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Tunstall Avenue |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Tunstall Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tunstall Avenue |