£542,067
This estimated value is based upon the latest sale price for the house of £555,000 on 7 Oct 2022. 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 |
|---|---|
| £555,000 | 7 Oct 2022 |
| £305,000 | 4 Mar 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 October 2022 the House Price Index for GREATER LONDON was 150.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -2.330%.Applying this -2.330% change to the original purchase price of £555,000 results in an estimated price of approximately £542,067.
| 7 Oct 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 146.7 | -2.330 % | £555,000 | £-12,932 | £542,067 |
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 | 33.309 % | £184,864 | £739,864 |
| 3 Month Average | -1.839 % | £-10,207 | £544,792 |
| 6 Month Average | 8.785 % | £48,756 | £603,756 |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 14 Jul 2020.
The average size of a house on CUMBERLAND CLOSE is 68 sq meters (735 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Meriden Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Meriden Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Meriden Close |
| Dec 2023 | Anti-social behaviour | On or near Meriden Close | |
| Dec 2023 | Anti-social behaviour | On or near Meriden Close |