£248,679
This estimated value is based upon the latest sale price for the house of £90,000 on 1 Aug 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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3-4 Broadway Parade, Fencepiece Road, Ilford, IG6 2JU
Phone: 02081157730
| Price Paid | Date |
|---|---|
| £90,000 | 1 Aug 2002 |
| Terraced |
| Freehold |
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 2002 the House Price Index for GREATER LONDON was 54.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 176.311%.Applying this 176.311% change to the original purchase price of £90,000 results in an estimated price of approximately £248,679.
| 1 Aug 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 149.7 | 176.311 % | £90,000 | £158,679 | £248,679 |
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 | 135.174 % | £121,656 | £211,656 |
| 3 Month Average | 173.149 % | £155,833 | £245,833 |
| 6 Month Average | 219.626 % | £197,663 | £287,663 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2022 | £487,706 | £475,000 | 36 TOMSWOOD HILL |
| 4 Feb 2022 | £519,777 | £492,000 | 38 TOMSWOOD HILL |
| 22 Nov 2021 | £348,646 | £320,000 | 1 MARLOWE CLOSE |
| 18 Aug 2021 | £393,356 | £350,000 | 33 TOMSWOOD HILL |
| 13 Apr 2021 | £428,283 | £376,500 | 86A TOMSWOOD HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Marlowe Close |
| Oct 2024 | Anti-social behaviour | On or near Marlowe Close | |
| Oct 2024 | Vehicle crime | Under investigation | On or near Marlowe Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Marlowe Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Marlowe Close |