£752,174
This estimated value is based upon the latest sale price for the house of £475,000 on 28 Feb 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
713 Cranbrook Road, Ilford, London, IG2 6RJ
Phone: 02081153602
| Price Paid | Date |
|---|---|
| £475,000 | 28 Feb 2014 |
| £290,000 | 16 Sep 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 February 2014 the House Price Index for GREATER LONDON was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £475,000 results in an estimated price of approximately £752,174.
| 28 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £475,000 | £277,174 | £752,174 |
The Postcode Pricing Model uses changes in average sales price within the IG5 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 | -2.456 % | £-11,666 | £463,333 |
| 3 Month Average | -1.526 % | £-7,246 | £467,753 |
| 6 Month Average | 15.503 % | £73,639 | £548,639 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £545,577 | £537,500 | 28 EVESHAM WAY |
| 1 Aug 2023 | £443,883 | £440,000 | 29 EVESHAM WAY |
| 20 Feb 2023 | £498,664 | £499,000 | 24 WRAY AVENUE |
| 25 Aug 2022 | £588,416 | £590,000 | 38 EVESHAM WAY |
| 10 Jan 2022 | £526,204 | £500,000 | 22 DELLWOOD GARDENS |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 26 Mar 2013. Using an estimated price of £752,175 means this house is valued at £8,547 per sq meter (£794 per sq foot).
The average size of a house on WRAY AVENUE is 99 sq meters (1,070 sq feet).