£562,073
This estimated value is based upon the latest sale price for the house of £327,000 on 12 Jan 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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293 Eastern Avenue, Ilford, IG2 6NT
Phone: 02080225472
| Price Paid | Date |
|---|---|
| £327,000 | 12 Jan 2012 |
| Terraced |
| Freehold |
| Floor Area: 125 sq meters or 1,347 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 January 2012 the House Price Index for GREATER LONDON was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.888%.Applying this 71.888% change to the original purchase price of £327,000 results in an estimated price of approximately £562,073.
| 12 Jan 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.6 | 71.888 % | £327,000 | £235,073 | £562,073 |
The Postcode Pricing Model uses changes in average sales price within the IG4 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 | 174.647 % | £571,095 | £898,095 |
| 3 Month Average | 14.230 % | £46,533 | £373,533 |
| 6 Month Average | 57.798 % | £188,998 | £515,998 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £559,898 | £555,000 | 30 CASTLEVIEW GARDENS |
| 6 Jan 2023 | £661,882 | £665,000 | 261 EASTERN AVENUE |
| 15 Jul 2022 | £561,512 | £560,000 | 314 EASTERN AVENUE |
| 28 Apr 2022 | £669,369 | £650,000 | 259 EASTERN AVENUE |
| 11 Mar 2022 | £455,955 | £440,000 | 18 SUSSEX CLOSE |
This house has a floor area of 125 sq meters or 1,347 sq feet when measured on 3 Oct 2011. Using an estimated price of £562,074 means this house is valued at £4,489 per sq meter (£417 per sq foot).
The average size of a house on EASTERN AVENUE is 128 sq meters (1,383 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Sussex Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Sussex Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Sussex Close |