£402,366
This estimated value is based upon the latest sale price for the house of £215,000 on 17 Feb 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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859 High Road, Ilford, IG3 8TG
Phone: 02036414432
| Price Paid | Date |
|---|---|
| £215,000 | 17 Feb 2005 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 February 2005 the House Price Index for GREATER LONDON was 79.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 87.147%.Applying this 87.147% change to the original purchase price of £215,000 results in an estimated price of approximately £402,366.
| 17 Feb 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.4 | 148.6 | 87.147 % | £215,000 | £187,366 | £402,366 |
The Postcode Pricing Model uses changes in average sales price within the RM6 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 | 80.511 % | £173,097 | £388,097 |
| 3 Month Average | 68.490 % | £147,253 | £362,253 |
| 6 Month Average | 51.554 % | £110,841 | £325,841 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Mar 2023 | £423,995 | £420,000 | 15 GRESHAM DRIVE |
| 2 Nov 2022 | £518,717 | £525,000 | 152 BARLEY LANE |
| 18 Aug 2022 | £274,262 | £275,000 | 24 HAMPSTEAD GARDENS |
| 14 Jul 2022 | £376,514 | £375,500 | 21 HAMPSTEAD GARDENS |
| 1 Jul 2022 | £593,097 | £591,500 | 25 ABERCORN GARDENS |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 15 Dec 2016. Using an estimated price of £402,367 means this house is valued at £5,831 per sq meter (£541 per sq foot).
The average size of a house on GRESHAM DRIVE is 83 sq meters (901 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Bexley Gardens |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Bexley Gardens |
| Jan 2024 | Anti-social behaviour | On or near Abercorn Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Abercorn Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Abercorn Gardens |