£548,802
This estimated value is based upon the latest sale price for the house of £450,000 on 14 Jan 2019. 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 |
|---|---|
| £450,000 | 14 Jan 2019 |
| £237,400 | 17 Dec 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,049 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 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.956%.Applying this 21.956% change to the original purchase price of £450,000 results in an estimated price of approximately £548,802.
| 14 Jan 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.956 % | £450,000 | £98,802 | £548,802 |
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 | -10.981 % | £-49,414 | £400,585 |
| 3 Month Average | 7.155 % | £32,198 | £482,198 |
| 6 Month Average | 5.746 % | £25,856 | £475,856 |
This house has a floor area of 97 sq meters or 1,049 sq feet when measured on 5 Aug 2009.
The average size of a house on CHESTNUT GROVE is 105 sq meters (1,131 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Theft from the person | Under investigation | On or near Chestnut Grove |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chestnut Grove |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Woodman Road |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Woodman Road |
| Dec 2023 | Burglary | Under investigation | On or near Cypress Grove |