£392,027
This estimated value is based upon the latest sale price for the house of £315,000 on 15 Mar 2019. 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 |
|---|---|
| £315,000 | 15 Mar 2019 |
| £225,000 | 1 Jul 2005 |
| Flats/Maisonettes |
| Leasehold |
| 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 March 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £315,000 results in an estimated price of approximately £392,027.
| 15 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £315,000 | £77,027 | £392,027 |
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 | -0.489 % | £-1,539 | £313,460 |
| 3 Month Average | 26.232 % | £82,630 | £397,630 |
| 6 Month Average | 32.163 % | £101,312 | £416,312 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £181,064 | £175,500 | 15 BROADWAY MARKET FENCEPIECE ROAD |
| 3 Nov 2023 | £364,246 | £355,000 | FLAT 42 OAKSIDE COURT FENCEPIECE ROAD |
| 5 Aug 2022 | £311,456 | £310,000 | 115 CRAVEN GARDENS |
| 21 Apr 2022 | £539,459 | £520,000 | 99 CRAVEN GARDENS |
| 6 Apr 2022 | £540,498 | £521,001 | 148 CRAVEN GARDENS |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 3 Oct 2017. Using an estimated price of £392,028 means this house is valued at £5,600 per sq meter (£520 per sq foot).
The average size of a house on FENCEPIECE ROAD is 83 sq meters (896 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Parking Area | |
| Sep 2024 | Anti-social behaviour | On or near Parking Area | |
| Sep 2024 | Anti-social behaviour | On or near Parking Area | |
| Sep 2024 | Anti-social behaviour | On or near Parking Area | |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |