£311,878
This estimated value is based upon the latest sale price for the house of £160,000 on 14 Jul 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Park House, 168 Stainforth Road, Newbury Park, Ilford, IG2 7EL
Phone: 02034783389
| Price Paid | Date |
|---|---|
| £160,000 | 14 Jul 2004 |
| £95,500 | 6 Jul 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 July 2004 the House Price Index for GREATER LONDON was 76.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 94.924%.Applying this 94.924% change to the original purchase price of £160,000 results in an estimated price of approximately £311,878.
| 14 Jul 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 148.6 | 94.924 % | £160,000 | £151,878 | £311,878 |
The Postcode Pricing Model uses changes in average sales price within the IG2 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 | 49.155 % | £78,647 | £238,647 |
| 3 Month Average | 54.926 % | £87,880 | £247,880 |
| 6 Month Average | 67.739 % | £108,382 | £268,382 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2021 | £292,009 | £270,000 | FLAT 122 COURTNEY TOWERS GLEBELANDS AVENUE |
| 4 Jan 2021 | £370,929 | £325,000 | 3 THE PARADE MONARCH WAY |
| 16 Oct 2020 | £322,598 | £275,000 | FLAT 58 MEMORIAL HEIGHTS MONARCH WAY |
| 30 Jul 2020 | £9,069 | £7,500 | GARAGE 8 COURTNEY TOWERS GLEBELANDS AVENUE |
| 31 Oct 2019 | £239,133 | £195,000 | FLAT 118 COURTNEY TOWERS GLEBELANDS AVENUE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 26 Nov 2013. Using an estimated price of £311,879 means this house is valued at £4,873 per sq meter (£452 per sq foot).
The average size of a house on GLEBELANDS AVENUE is 102 sq meters (1,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Robbery | Under investigation | On or near Eastern Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Eastern Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Newbury Park |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Newbury Park |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Newbury Park |