£459,450
This estimated value is based upon the latest sale price for the house of £250,000 on 4 Mar 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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713 Cranbrook Road, Ilford, London, IG2 6RJ
Phone: 02081153602
| Price Paid | Date |
|---|---|
| £250,000 | 4 Mar 2005 |
| £94,000 | 11 Jul 1997 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 2005 the House Price Index for GREATER LONDON was 79.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 83.780%.Applying this 83.780% change to the original purchase price of £250,000 results in an estimated price of approximately £459,450.
| 4 Mar 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 146.7 | 83.780 % | £250,000 | £209,450 | £459,450 |
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 | 63.158 % | £157,894 | £407,894 |
| 3 Month Average | 50.722 % | £126,805 | £376,805 |
| 6 Month Average | 62.401 % | £156,002 | £406,002 |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 25 Jan 2015.
The average size of a house on OTLEY DRIVE is 106 sq meters (1,142 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Otley Approach | |
| Jan 2024 | Anti-social behaviour | On or near Otley Approach | |
| Jan 2024 | Anti-social behaviour | On or near Otley Approach | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Otley Approach |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Martley Drive |