£425,174
This estimated value is based upon the latest sale price for the house of £275,000 on 21 May 2014. 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 |
---|---|
£275,000 | 21 May 2014 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 May 2014 the House Price Index for GREATER LONDON was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £275,000 results in an estimated price of approximately £425,174.
21 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 148.6 | 54.609 % | £275,000 | £150,174 | £425,174 |
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 | 49.502 % | £136,130 | £411,130 |
3 Month Average | 56.013 % | £154,035 | £429,035 |
6 Month Average | 57.762 % | £158,844 | £433,844 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £466,913 | £460,000 | 8 TRELAWNEY ROAD |
29 Sep 2023 | £455,828 | £450,000 | 44 TRELAWNEY ROAD |
5 Jan 2023 | £543,440 | £546,000 | 2 TRELAWNEY ROAD |
17 Aug 2022 | £478,711 | £480,000 | 60 TRELAWNEY ROAD |
10 Aug 2022 | £309,168 | £310,000 | 1 HENRYS WALK |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 3 Feb 2014. Using an estimated price of £425,174 means this house is valued at £5,905 per sq meter (£548 per sq foot).
The average size of a house on TRELAWNEY ROAD is 84 sq meters (907 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Under investigation | On or near Saltash Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Fairlop Gardens |
Dec 2023 | Robbery | Under investigation | On or near Marion Close |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Marion Close |