£401,016
This estimated value is based upon the latest sale price for the house of £230,000 on 24 Mar 2006. 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 |
|---|---|
| £230,000 | 24 Mar 2006 |
| £230,000 | 23 Aug 2005 |
| £217,500 | 20 Dec 2004 |
| Terraced |
| Leasehold |
| Floor Area: 43 sq meters or 468 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 March 2006 the House Price Index for GREATER LONDON was 84.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 74.355%.Applying this 74.355% change to the original purchase price of £230,000 results in an estimated price of approximately £401,016.
| 24 Mar 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.1 | 146.7 | 74.355 % | £230,000 | £171,016 | £401,016 |
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 | 61.181 % | £140,717 | £370,717 |
| 3 Month Average | 55.123 % | £126,783 | £356,783 |
| 6 Month Average | 62.679 % | £144,160 | £374,160 |
This house has a floor area of 43 sq meters or 468 sq feet when measured on 8 Jun 2009.
The average size of a house on MONARCH WAY is 63 sq meters (678 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Monarch Way | |
| Jan 2024 | Anti-social behaviour | On or near Monarch Way | |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Monarch Way |
| Jan 2024 | Anti-social behaviour | On or near Monarch Way | |
| Dec 2023 | Anti-social behaviour | On or near Monarch Way |