£598,243
This estimated value is based upon the latest sale price for the house of £472,000 on 13 Sep 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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716 Cranbrook Road, Barkingside, Ilford, IG6 1HU
Phone: 02035514465
| Price Paid | Date |
|---|---|
| £472,000 | 13 Sep 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 September 2017 the House Price Index for GREATER LONDON was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £472,000 results in an estimated price of approximately £598,243.
| 13 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £472,000 | £126,243 | £598,243 |
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 | 72.612 % | £342,727 | £814,727 |
| 3 Month Average | 2.705 % | £12,769 | £484,769 |
| 6 Month Average | 15.607 % | £73,666 | £545,666 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £615,384 | £610,000 | 4 MAPLELEAFE GARDENS |
| 23 Jun 2023 | £627,602 | £620,000 | 11 MAPLELEAFE GARDENS |
| 23 Jan 2023 | £617,093 | £620,000 | 3 MAPLELEAFE GARDENS |
| 8 Apr 2022 | £303,791 | £295,000 | 18 CHERRY COURT LONGWOOD GARDENS |
| 17 Dec 2021 | £739,786 | £690,500 | 2 MAPLELEAFE GARDENS |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 17 May 2017. Using an estimated price of £598,244 means this house is valued at £5,697 per sq meter (£529 per sq foot).
The average size of a house on GREENLEAFE DRIVE is 121 sq meters (1,311 sq feet).