£1,632,310
This estimated value is based upon the latest sale price for the house of £1,640,000 on 12 Jan 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Olympic House, 28 - 42 Clements Road, Ilford, IG1 1BA
Phone: 02034630338
| Price Paid | Date |
|---|---|
| £1,640,000 | 12 Jan 2023 |
| £666,000 | 6 Jul 2016 |
| Freehold |
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 2023 the House Price Index for GREATER LONDON was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £1,640,000 results in an estimated price of approximately £1,632,310.
| 12 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.6 | -0.469 % | £1,640,000 | £-7,689 | £1,632,310 |
The Postcode Pricing Model uses changes in average sales price within the IG1 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 | 7.345 % | £120,465 | £1,760,465 |
| 3 Month Average | -19.196 % | £-314,814 | £1,325,185 |
| 6 Month Average | -13.850 % | £-227,132 | £1,412,867 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £938,208 | £930,000 | GABLE HOUSE, 1 BALFOUR ROAD |
| 1 Jun 2023 | £845,238 | £835,000 | 12 CHAPEL ROAD |
| 31 Mar 2023 | £428,183 | £424,149 | UNIT 2 VALENTINES HOUSE, 51 - 69 ILFORD HILL |
| 12 Jan 2023 | £1,632,311 | £1,640,000 | 88 HIGH ROAD |
| 12 Jan 2023 | £1,980,670 | £1,990,000 | ZIRCON HOUSE, 22 POSTWAY MEWS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Postway Mews |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Postway Mews |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Postway Mews |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Postway Mews |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Postway Mews |