£311,299
This estimated value is based upon the latest sale price for the house of £173,000 on 9 Jul 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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859 High Road, Ilford, IG3 8TG
Phone: 02036414432
| Price Paid | Date |
|---|---|
| £173,000 | 9 Jul 2009 |
| £99,995 | 27 Nov 2001 |
| £79,995 | 18 Dec 1998 |
| £53,000 | 18 Dec 1998 |
| Terraced |
| Freehold |
| Floor Area: 53 sq meters or 570 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 July 2009 the House Price Index for GREATER LONDON was 81.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 79.942%.Applying this 79.942% change to the original purchase price of £173,000 results in an estimated price of approximately £311,299.
| 9 Jul 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 146.7 | 79.942 % | £173,000 | £138,299 | £311,299 |
The Postcode Pricing Model uses changes in average sales price within the IG3 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 | 75.036 % | £129,811 | £302,811 |
| 3 Month Average | 62.907 % | £108,829 | £281,829 |
| 6 Month Average | 94.129 % | £162,842 | £335,842 |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 3 Dec 2018.
The average size of a house on ERIN CLOSE is 67 sq meters (730 sq feet).
This house is the largest in the street with a floor area of 53 sq meters (570 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Erin Close |