£519,983
This estimated value is based upon the latest sale price for the house of £425,000 on 10 Feb 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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716 Cranbrook Road, Barkingside, Ilford, IG6 1HU
Phone: 02035514465
Price Paid | Date |
---|---|
£425,000 | 10 Feb 2020 |
Semi-Detached |
Freehold |
Floor Area: 115 sq meters or 1,241 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 February 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £425,000 results in an estimated price of approximately £519,983.
10 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.6 | 22.349 % | £425,000 | £94,983 | £519,983 |
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 | 85.628 % | £363,920 | £788,920 |
3 Month Average | 0.182 % | £775 | £425,775 |
6 Month Average | -1.981 % | £-8,420 | £416,579 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £615,384 | £610,000 | 4 MAPLELEAFE GARDENS |
23 Jun 2023 | £627,602 | £620,000 | 11 MAPLELEAFE GARDENS |
23 Jan 2023 | £617,093 | £620,000 | 3 MAPLELEAFE GARDENS |
18 Feb 2022 | £726,745 | £693,000 | 85 SUNNYMEDE DRIVE |
17 Dec 2021 | £739,786 | £690,500 | 2 MAPLELEAFE GARDENS |
This house has a floor area of 115 sq meters or 1,241 sq feet when measured on 15 Nov 2011. Using an estimated price of £519,983 means this house is valued at £4,507 per sq meter (£418 per sq foot).
The average size of a house on GREENLEAFE DRIVE is 121 sq meters (1,311 sq feet).