£500,428
This estimated value is based upon the latest sale price for the house of £242,500 on 9 Mar 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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546 LEY STREET, ILFORD, IG2 7DB
Phone: 02045169647
| Price Paid | Date |
|---|---|
| £242,500 | 9 Mar 2004 |
| £175,000 | 11 Jul 2003 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2004 the House Price Index for GREATER LONDON was 71.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 106.362%.Applying this 106.362% change to the original purchase price of £242,500 results in an estimated price of approximately £500,428.
| 9 Mar 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 146.7 | 106.362 % | £242,500 | £257,928 | £500,428 |
The Postcode Pricing Model uses changes in average sales price within the IG2 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 | 71.991 % | £174,578 | £417,078 |
| 3 Month Average | 68.034 % | £164,982 | £407,482 |
| 6 Month Average | 74.735 % | £181,232 | £423,732 |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 4 Nov 2021.
The average size of a house on RAYMOND ROAD is 107 sq meters (1,160 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Raymond Road |
| Jan 2024 | Anti-social behaviour | On or near Raymond Road | |
| Jan 2024 | Anti-social behaviour | On or near Raymond Road | |
| Jan 2024 | Anti-social behaviour | On or near Raymond Road | |
| Dec 2023 | Drugs | Awaiting court outcome | On or near Raymond Road |