£343,198
This estimated value is based upon the latest sale price for the house of £102,500 on 13 Jun 2001. 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 |
|---|---|
| £102,500 | 13 Jun 2001 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 70 sq meters or 753 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 June 2001 the House Price Index for GREATER LONDON 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 £102,500 results in an estimated price of approximately £343,198.
| 13 Jun 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.8 | 146.7 | 234.828 % | £102,500 | £240,698 | £343,198 |
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 % | £172,287 | £274,787 |
| 3 Month Average | 95.957 % | £98,356 | £200,856 |
| 6 Month Average | 124.894 % | £128,016 | £230,516 |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 9 Jul 2012.
The average size of a house on THE LOWE is 91 sq meters (989 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lowe Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Burrow Green |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brocket Way |
| Dec 2023 | Drugs | Local resolution | On or near Pollard Close |
| Dec 2023 | Drugs | Under investigation | On or near Pollard Close |