£170,835
This estimated value is based upon the latest sale price for the house of £153,131 on 13 Aug 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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141 Cranbrook Road, Ilford, IG1 4PU
Phone: 02034630428
Price Paid | Date |
---|---|
£153,131 | 13 Aug 2021 |
Flats/Maisonettes |
Leasehold |
Floor Area: 51 sq meters or 548 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 August 2021 the House Price Index for GREATER LONDON was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £153,131 results in an estimated price of approximately £170,835.
13 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
133.2 | 148.6 | 11.562 % | £153,131 | £17,704 | £170,835 |
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 | 152.144 % | £232,980 | £386,111 |
3 Month Average | 11.433 % | £17,507 | £170,638 |
6 Month Average | 11.316 % | £17,328 | £170,459 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Jul 2023 | £109,473 | £108,000 | FLAT 26 HUTTON COURT, 43 ILFORD HILL |
13 Aug 2021 | £149,093 | £133,642 | FLAT 25 HUTTON COURT, 43 ILFORD HILL |
13 Aug 2021 | £170,835 | £153,131 | FLAT 18 HUTTON COURT, 43 ILFORD HILL |
13 Aug 2021 | £229,629 | £205,832 | FLAT 8 HUTTON COURT, 43 ILFORD HILL |
13 Aug 2021 | £222,974 | £199,866 | FLAT 4 HUTTON COURT, 43 ILFORD HILL |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 21 Nov 2019. Using an estimated price of £170,835 means this house is valued at £3,349 per sq meter (£311 per sq foot).
The average size of a house on ILFORD HILL is 59 sq meters (644 sq feet).