£190,535
This estimated value is based upon the latest sale price for the house of £59,500 on 6 Nov 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1b Redbridge Lane East, Ilford, IG4 5ET
Phone: 02080338426
Price Paid | Date |
---|---|
£59,500 | 6 Nov 2001 |
£125,000 | 19 Mar 2001 |
Terraced |
Freehold |
Floor Area: 112 sq meters or 1,205 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 November 2001 the House Price Index for GREATER LONDON was 46.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 220.228%.Applying this 220.228% change to the original purchase price of £59,500 results in an estimated price of approximately £190,535.
6 Nov 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
46.4 | 148.6 | 220.228 % | £59,500 | £131,035 | £190,535 |
The Postcode Pricing Model uses changes in average sales price within the IG4 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 | 301.905 % | £179,633 | £239,133 |
3 Month Average | 113.261 % | £67,390 | £126,890 |
6 Month Average | 180.358 % | £107,312 | £166,812 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Apr 2023 | £535,769 | £530,000 | 93 INGLEHURST GARDENS |
24 Nov 2021 | £613,218 | £567,000 | 24 DANEHURST GARDENS |
17 Jul 2020 | £513,911 | £425,000 | 2 LINDALE CLOSE |
4 Sep 2019 | £1,091,998 | £890,000 | 47 SOMERSBY GARDENS |
30 Aug 2019 | £769,103 | £625,000 | 32 INGLEHURST GARDENS |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 22 Mar 2021. Using an estimated price of £190,536 means this house is valued at £1,701 per sq meter (£158 per sq foot).
The average size of a house on INGLEHURST GARDENS is 97 sq meters (1,048 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Crombie Close | |
Jan 2024 | Anti-social behaviour | On or near Crombie Close | |
Jan 2024 | Anti-social behaviour | On or near Crombie Close | |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Crombie Close |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Crombie Close |