£406,724
This estimated value is based upon the latest sale price for the house of £240,000 on 17 Aug 2006. 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 |
|---|---|
| £240,000 | 17 Aug 2006 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 August 2006 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.469%.Applying this 69.469% change to the original purchase price of £240,000 results in an estimated price of approximately £406,724.
| 17 Aug 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 146.7 | 69.469 % | £240,000 | £166,724 | £406,724 |
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 | 96.514 % | £231,633 | £471,633 |
| 3 Month Average | 93.036 % | £223,287 | £463,287 |
| 6 Month Average | 93.832 % | £225,196 | £465,196 |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 14 Aug 2019.
The average size of a house on FOREST ROAD is 117 sq meters (1,262 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near Starch House Lane |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Starch House Lane |
| Jan 2024 | Other theft | Under investigation | On or near Parking Area |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Parking Area |
| Dec 2023 | Anti-social behaviour | On or near Parking Area |