£412,519
This estimated value is based upon the latest sale price for the house of £342,500 on 20 Mar 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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361 Eastern Avenue, Ilford, IG2 6NE
Phone: 02080335906
| Price Paid | Date |
|---|---|
| £342,500 | 20 Mar 2020 |
| £318,320 | 26 May 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 March 2020 the House Price Index for GREATER LONDON was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £342,500 results in an estimated price of approximately £412,519.
| 20 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £342,500 | £70,019 | £412,519 |
The Postcode Pricing Model uses changes in average sales price within the IG2 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 | 14.769 % | £50,583 | £393,083 |
| 3 Month Average | -6.809 % | £-23,320 | £319,179 |
| 6 Month Average | -9.248 % | £-31,674 | £310,825 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2023 | £9,086 | £9,000 | 365 EASTERN AVENUE |
| 27 Oct 2022 | £267,124 | £270,000 | 365A EASTERN AVENUE |
| 20 Mar 2020 | £412,520 | £342,500 | FLAT 4 45 CLARENCE AVENUE |
| 28 Feb 2020 | £770,799 | £630,000 | 34 THE CRESCENT |
| 9 Dec 2019 | £390,111 | £318,000 | FLAT 11 45 CLARENCE AVENUE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 9 Mar 2016. Using an estimated price of £412,520 means this house is valued at £6,653 per sq meter (£618 per sq foot).
The average size of a house on CLARENCE AVENUE is 70 sq meters (762 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Further/Higher Educational Building |
| Dec 2023 | Anti-social behaviour | On or near Further/Higher Educational Building | |
| Dec 2023 | Anti-social behaviour | On or near Further/Higher Educational Building | |
| Dec 2023 | Anti-social behaviour | On or near Further/Higher Educational Building | |
| Dec 2023 | Anti-social behaviour | On or near Further/Higher Educational Building |