£561,915
This estimated value is based upon the latest sale price for the house of £560,000 on 20 Dec 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Penrith Road
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223 New North Road, Ilford, IG6 3AG
Phone: 02035441632
| Price Paid | Date |
|---|---|
| £560,000 | 20 Dec 2023 |
| £455,000 | 7 Apr 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 2023 the House Price Index for GREATER LONDON was 146.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 0.342%.Applying this 0.342% change to the original purchase price of £560,000 results in an estimated price of approximately £561,915.
| 20 Dec 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.2 | 146.7 | 0.342 % | £560,000 | £1,915 | £561,915 |
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 | 31.146 % | £174,415 | £734,415 |
| 3 Month Average | 13.480 % | £75,486 | £635,486 |
| 6 Month Average | -10.822 % | £-60,602 | £499,397 |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 10 Sep 2016.
The average size of a house on PENRITH ROAD is 94 sq meters (1,013 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Penrith Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Penrith Road |
| Dec 2023 | Burglary | Under investigation | On or near Trentbridge Close |