£551,759
This estimated value is based upon the latest sale price for the house of £515,000 on 10 Dec 2021. 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 |
---|---|
£515,000 | 10 Dec 2021 |
Terraced |
Freehold |
Floor Area: 108 sq meters or 1,162 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 December 2021 the House Price Index for GREATER LONDON was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £515,000 results in an estimated price of approximately £551,759.
10 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 148.6 | 7.138 % | £515,000 | £36,759 | £551,759 |
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 | -5.674 % | £-29,219 | £485,780 |
3 Month Average | -22.060 % | £-113,607 | £401,392 |
6 Month Average | 2.697 % | £13,891 | £528,891 |
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 108 sq meters or 1,162 sq feet when measured on 11 Jul 2019. Using an estimated price of £551,759 means this house is valued at £5,108 per sq meter (£474 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 |