£496,046
This estimated value is based upon the latest sale price for the house of £324,995 on 6 May 2014. 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 |
|---|---|
| £324,995 | 6 May 2014 |
| £126,000 | 17 Dec 1999 |
| £70,000 | 7 Feb 1996 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 May 2014 the House Price Index for GREATER LONDON was 96.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 52.632%.Applying this 52.632% change to the original purchase price of £324,995 results in an estimated price of approximately £496,046.
| 6 May 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 146.7 | 52.632 % | £324,995 | £171,051 | £496,046 |
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 | 22.098 % | £71,817 | £396,812 |
| 3 Month Average | 32.931 % | £107,025 | £432,020 |
| 6 Month Average | 35.041 % | £113,882 | £438,877 |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 30 Jan 2014.
The average size of a house on WARDS ROAD is 105 sq meters (1,139 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Theft from the person | Under investigation | On or near Wards Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Wards Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wards Road |
| Jan 2024 | Burglary | Under investigation | On or near Lynn Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Lynn Road |