£349,660
This estimated value is based upon the latest sale price for the house of £75,500 on 1 Oct 1998. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 Cameron Road, Ilford, IG3 8LG
Phone: 02080332272
Price Paid | Date |
---|---|
£75,500 | 1 Oct 1998 |
Terraced |
Freehold |
Floor Area: 92 sq meters or 990 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 October 1998 the House Price Index for GREATER LONDON was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.127%.Applying this 363.127% change to the original purchase price of £75,500 results in an estimated price of approximately £349,660.
1 Oct 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.1 | 148.6 | 363.127 % | £75,500 | £274,160 | £349,660 |
The Postcode Pricing Model uses changes in average sales price within the IG3 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 | 239.503 % | £180,824 | £256,324 |
3 Month Average | 311.321 % | £235,047 | £310,547 |
6 Month Average | 334.887 % | £252,839 | £328,339 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Mar 2024 | £410,000 | £410,000 | 9 NORTH ROAD |
4 Aug 2023 | £345,523 | £342,500 | 20 LOMBARD AVENUE |
27 Jan 2023 | £326,462 | £328,000 | 11 HERBERT ROAD |
20 Oct 2022 | £2,968,043 | £3,000,000 | 591 HIGH ROAD |
20 Oct 2022 | £2,968,043 | £3,000,000 | 587 - 595 HIGH ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 15 Jan 2014. Using an estimated price of £349,661 means this house is valued at £3,800 per sq meter (£353 per sq foot).
The average size of a house on HERBERT ROAD is 91 sq meters (981 sq feet).