£500,851
This estimated value is based upon the latest sale price for the house of £153,000 on 1 Aug 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Lancing Road
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5 Central Parade, Ley Street, Newbury Park, IG2 7DE
Phone: 02036416062
| Price Paid | Date |
|---|---|
| £153,000 | 1 Aug 2001 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,045 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 August 2001 the House Price Index for GREATER LONDON was 44.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 227.354%.Applying this 227.354% change to the original purchase price of £153,000 results in an estimated price of approximately £500,851.
| 1 Aug 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.8 | 146.7 | 227.354 % | £153,000 | £347,851 | £500,851 |
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 | 165.273 % | £252,868 | £405,868 |
| 3 Month Average | 156.656 % | £239,682 | £392,682 |
| 6 Month Average | 172.966 % | £264,638 | £417,638 |
This house has a floor area of 97 sq meters or 1,045 sq feet when measured on 26 Jan 2012.
The average size of a house on LANCING ROAD is 118 sq meters (1,279 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near Lancing Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Lancing Road |
| Jan 2024 | Other theft | Under investigation | On or near Petrol Station |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |