£2,008,965
This estimated value is based upon the latest sale price for the house of £600,000 on 15 Jun 2001. This value is then adjusted by the current Official House Price Index for ESSEX 1
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223 New North Road, Ilford, IG6 3AG
Phone: 02035441632
| Price Paid | Date |
|---|---|
| £600,000 | 15 Jun 2001 |
| £350,000 | 19 Feb 1997 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in June 2001 the House Price Index for ESSEX was 43.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 234.828%.Applying this 234.828% change to the original purchase price of £600,000 results in an estimated price of approximately £2,008,965.
| 15 Jun 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.8 | 146.7 | 234.828 % | £600,000 | £1,408,965 | £2,008,965 |
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 | 168.085 % | £1,008,512 | £1,608,512 |
| 3 Month Average | 95.957 % | £575,743 | £1,175,743 |
| 6 Month Average | 124.894 % | £749,366 | £1,349,366 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Local resolution | On or near Lodge Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shillibeer Walk |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Willowmead |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willowmead |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near School Lane |