£351,228
This estimated value is based upon the latest sale price for the house of £225,000 on 11 Sep 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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223 New North Road, Ilford, IG6 3AG
Phone: 02035441632
| Price Paid | Date |
|---|---|
| £225,000 | 11 Sep 2007 |
| £149,995 | 26 Sep 2002 |
| £54,000 | 1 Nov 1996 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 980 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 September 2007 the House Price Index for GREATER LONDON was 95.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.101%.Applying this 56.101% change to the original purchase price of £225,000 results in an estimated price of approximately £351,228.
| 11 Sep 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 148.6 | 56.101 % | £225,000 | £126,228 | £351,228 |
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 | 154.077 % | £346,674 | £571,674 |
| 3 Month Average | 57.594 % | £129,586 | £354,586 |
| 6 Month Average | 63.436 % | £142,731 | £367,731 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £375,560 | £370,000 | 10 INGLEWOOD CLOSE |
| 4 Aug 2023 | £208,827 | £207,000 | 53 KIELDER CLOSE |
| 21 Apr 2023 | £338,646 | £335,000 | 12 HEADINGLEY CLOSE |
| 3 Nov 2022 | £375,452 | £380,000 | 20 FOREMARK CLOSE |
| 19 Oct 2022 | £380,899 | £385,000 | 145 COVERT ROAD |
This house has a floor area of 91 sq meters or 980 sq feet when measured on 15 Feb 2010. Using an estimated price of £351,228 means this house is valued at £3,856 per sq meter (£358 per sq foot).
The average size of a house on KESTEVEN CLOSE is 85 sq meters (924 sq feet).