£543,862
This estimated value is based upon the latest sale price for the house of £325,000 on 2 May 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
293 Eastern Avenue, Ilford, IG2 6NT
Phone: 02080225472
| Price Paid | Date |
|---|---|
| £325,000 | 2 May 2013 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2013 the House Price Index for GREATER LONDON was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £325,000 results in an estimated price of approximately £543,862.
| 2 May 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.342 % | £325,000 | £218,862 | £543,862 |
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 | 109.314 % | £355,272 | £680,272 |
| 3 Month Average | 10.442 % | £33,936 | £358,936 |
| 6 Month Average | 52.211 % | £169,686 | £494,686 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Dec 2021 | £616,042 | £575,000 | 42 CLARENCE AVENUE |
| 22 Sep 2021 | £716,599 | £665,000 | 18 CLARENCE AVENUE |
| 17 Sep 2021 | £678,883 | £630,000 | 32 CLARENCE AVENUE |
| 26 Feb 2021 | £624,370 | £550,000 | 53 BLENHEIM AVENUE |
| 20 Mar 2020 | £412,520 | £342,500 | FLAT 4 45 CLARENCE AVENUE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 12 Jan 2013. Using an estimated price of £543,863 means this house is valued at £5,229 per sq meter (£485 per sq foot).
The average size of a house on CLARENCE AVENUE is 70 sq meters (762 sq feet).