£533,968
This estimated value is based upon the latest sale price for the house of £530,000 on 11 Apr 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1b Redbridge Lane East, Ilford, IG4 5ET
Phone: 02080338426
Price Paid | Date |
---|---|
£530,000 | 11 Apr 2023 |
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 April 2023 the House Price Index for GREATER LONDON was 146.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.749%.Applying this 0.749% change to the original purchase price of £530,000 results in an estimated price of approximately £533,968.
11 Apr 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.9 | 148.0 | 0.749 % | £530,000 | £3,968 | £533,968 |
The Postcode Pricing Model uses changes in average sales price within the IG4 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 | -39.006 % | £-206,733 | £323,266 |
3 Month Average | -23.951 % | £-126,940 | £403,059 |
6 Month Average | 2.048 % | £10,854 | £540,854 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Apr 2023 | £533,969 | £530,000 | 93 INGLEHURST GARDENS |
11 Feb 2022 | £664,277 | £636,000 | 2 REDBRIDGE LANE EAST |
17 Jul 2020 | £511,836 | £425,000 | 2 LINDALE CLOSE |
1 Oct 2019 | £574,045 | £470,000 | 46 REDBRIDGE LANE EAST |
23 Aug 2019 | £465,727 | £380,000 | 65 INGLEHURST GARDENS |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Lindale Close |
Apr 2024 | Anti-social behaviour | On or near Crombie Close | |
Apr 2024 | Anti-social behaviour | On or near Crombie Close | |
Jan 2024 | Anti-social behaviour | On or near Crombie Close | |
Mar 2024 | Vehicle crime | Under investigation | On or near Inglehurst Gardens |