£210,939
This estimated value is based upon the latest sale price for the house of £60,000 on 10 Jan 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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223 New North Road, Ilford, IG6 3AG
Phone: 02035441632
Price Paid | Date |
---|---|
£60,000 | 10 Jan 2001 |
£55,000 | 9 Jun 1995 |
Terraced |
Freehold |
Floor Area: 98 sq meters or 1,054 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 January 2001 the House Price Index for GREATER LONDON was 41.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 251.567%.Applying this 251.567% change to the original purchase price of £60,000 results in an estimated price of approximately £210,939.
10 Jan 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
41.7 | 146.7 | 251.567 % | £60,000 | £150,939 | £210,939 |
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 | 271.042 % | £162,625 | £222,625 |
3 Month Average | 255.538 % | £153,322 | £213,322 |
6 Month Average | 242.742 % | £145,645 | £205,645 |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 2 Oct 2015.
The average size of a house on FOREMARK CLOSE is 92 sq meters (993 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Covert Road | |
Jan 2024 | Anti-social behaviour | On or near Covert Road | |
Jan 2024 | Anti-social behaviour | On or near Covert Road | |
Jan 2024 | Anti-social behaviour | On or near Covert Road | |
Jan 2024 | Anti-social behaviour | On or near Covert Road |