£3,799
This estimated value is based upon the latest sale price for the house of £3,500 on 3 Sep 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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7 Goodmayes Road, Ravenings Parade, Goodmayes, Ilford, IG3 9NR
Phone: 02077681786
| Price Paid | Date |
|---|---|
| £3,500 | 3 Sep 2021 |
| Leasehold |
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 September 2021 the House Price Index for GREATER LONDON was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £3,500 results in an estimated price of approximately £3,799.
| 3 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £3,500 | £299 | £3,799 |
The Postcode Pricing Model uses changes in average sales price within the IG3 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 | -16.123 % | £-564 | £2,935 |
| 3 Month Average | 10.679 % | £373 | £3,873 |
| 6 Month Average | -8.599 % | £-300 | £3,199 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2022 | £462,037 | £450,000 | 88 - 90 GOODMAYES ROAD |
| 9 Mar 2022 | £751,632 | £720,000 | 9 CASTLETON ROAD |
| 3 Feb 2022 | £549,358 | £520,000 | 59 GOODMAYES ROAD |
| 3 Sep 2021 | £3,799 | £3,500 | UNIT 2 KINFAUNS HOUSE, 51 - 53 GOODMAYES ROAD |
| 16 Dec 2020 | £1,156 | £1,000 | 22 - 24 GOODMAYES ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Goodmayes Road | |
| Oct 2024 | Anti-social behaviour | On or near Goodmayes Road | |
| Oct 2024 | Other theft | Under investigation | On or near Goodmayes Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Goodmayes Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Goodmayes Road |