£619,496
This estimated value is based upon the latest sale price for the house of £500,000 on 10 Jan 2018. 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 |
---|---|
£500,000 | 10 Jan 2018 |
Semi-Detached |
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 January 2018 the House Price Index for GREATER LONDON was 118.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.899%.Applying this 23.899% change to the original purchase price of £500,000 results in an estimated price of approximately £619,496.
10 Jan 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 146.7 | 23.899 % | £500,000 | £119,496 | £619,496 |
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 | -1.106 % | £-5,529 | £494,470 |
3 Month Average | 8.214 % | £41,067 | £541,067 |
6 Month Average | 8.290 % | £41,451 | £541,451 |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 19 Oct 2017.
The average size of a house on MONTFORT GARDENS is 113 sq meters (1,223 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Aragon Drive |
Jan 2024 | Possession of weapons | Under investigation | On or near Aragon Drive |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Aragon Drive |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Anne Way |
Jan 2024 | Robbery | Under investigation | On or near Anne Way |