£291,413
This estimated value is based upon the latest sale price for the house of £270,000 on 3 Dec 2021. 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 |
|---|---|
| £270,000 | 3 Dec 2021 |
| £230,000 | 12 Oct 2017 |
| £175,000 | 22 Apr 2015 |
| £122,000 | 23 Jun 2004 |
| £49,000 | 27 Nov 1997 |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 December 2021 the House Price Index for GREATER LONDON was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £270,000 results in an estimated price of approximately £291,413.
| 3 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £270,000 | £21,413 | £291,413 |
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 | 45.810 % | £123,687 | £393,687 |
| 3 Month Average | 2.018 % | £5,448 | £275,448 |
| 6 Month Average | 13.324 % | £35,975 | £305,975 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Apr 2024 | £378,285 | £375,000 | 17 ANDREW CLOSE |
| 12 Sep 2023 | £327,213 | £320,000 | 10 AMANDA CLOSE |
| 8 Sep 2023 | £309,319 | £302,500 | 12 AMANDA CLOSE |
| 14 Jun 2022 | £362,754 | £355,000 | 57 AMANDA CLOSE |
| 10 Dec 2021 | £248,241 | £230,000 | 35 AMANDA CLOSE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 24 May 2021. Using an estimated price of £291,413 means this house is valued at £6,200 per sq meter (£576 per sq foot).
The average size of a house on LAING CLOSE is 52 sq meters (561 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Laing Close |
| Sep 2024 | Vehicle crime | Under investigation | On or near Amanda 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 | Investigation complete; no suspect identified | On or near Andrew Close |