£583,317
This estimated value is based upon the latest sale price for the house of £475,000 on 15 Jun 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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3-4 Broadway Parade, Fencepiece Road, Ilford, IG6 2JU
Phone: 02081157730
Price Paid | Date |
---|---|
£475,000 | 15 Jun 2018 |
£308,000 | 10 May 2013 |
£171,995 | 18 Jan 2002 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 925 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 June 2018 the House Price Index for GREATER LONDON was 119.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.804%.Applying this 22.804% change to the original purchase price of £475,000 results in an estimated price of approximately £583,317.
15 Jun 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 146.7 | 22.804 % | £475,000 | £108,317 | £583,317 |
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 | 76.004 % | £361,021 | £836,021 |
3 Month Average | 22.801 % | £108,302 | £583,302 |
6 Month Average | 7.674 % | £36,450 | £511,450 |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 25 Nov 2019.
The average size of a house on HANOVER GARDENS is 98 sq meters (1,057 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hanover Gardens |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Hanover Gardens |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hanover Gardens |
Jan 2024 | Other theft | Under investigation | On or near Colvin Gardens |
Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Colvin Gardens |