£624,169
This estimated value is based upon the latest sale price for the house of £620,000 on 2 Feb 2023. 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 |
|---|---|
| £620,000 | 2 Feb 2023 |
| £450,000 | 7 Oct 2016 |
| £335,995 | 24 Aug 2007 |
| Terraced |
| Freehold |
| Floor Area: 111 sq meters or 1,204 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 February 2023 the House Price Index for GREATER LONDON was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £620,000 results in an estimated price of approximately £624,169.
| 2 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £620,000 | £4,169 | £624,169 |
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 | 13.556 % | £84,047 | £704,047 |
| 3 Month Average | 8.101 % | £50,228 | £670,228 |
| 6 Month Average | 12.782 % | £79,246 | £699,246 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £623,750 | £610,000 | 22 GENAS CLOSE |
| 10 Aug 2023 | £628,842 | £617,500 | 19 GENAS CLOSE |
| 24 Mar 2023 | £589,851 | £580,000 | 55 GENAS CLOSE |
| 21 Feb 2023 | £91,612 | £91,000 | 86 GENAS CLOSE |
| 2 Feb 2023 | £624,169 | £620,000 | 73 GENAS CLOSE |
This house has a floor area of 111 sq meters or 1,204 sq feet when measured on 26 Mar 2009. Using an estimated price of £624,169 means this house is valued at £5,577 per sq meter (£518 per sq foot).
The average size of a house on GENAS CLOSE is 103 sq meters (1,116 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Genas Close |
| Oct 2024 | Anti-social behaviour | On or near Genas Close | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Genas Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Genas Close |
| Oct 2024 | Anti-social behaviour | On or near Connor Close |