£226,484
This estimated value is based upon the latest sale price for the house of £58,500 on 17 Mar 2000. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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3-4 Broadway Parade, Fencepiece Road, Ilford, IG6 2JU
Phone: 02081157730
| Price Paid | Date |
|---|---|
| £58,500 | 17 Mar 2000 |
| £42,000 | 27 Sep 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 2000 the House Price Index for GREATER LONDON was 38.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 287.153%.Applying this 287.153% change to the original purchase price of £58,500 results in an estimated price of approximately £226,484.
| 17 Mar 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 38.4 | 148.6 | 287.153 % | £58,500 | £167,984 | £226,484 |
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 | 550.082 % | £321,798 | £380,298 |
| 3 Month Average | 317.963 % | £186,008 | £244,508 |
| 6 Month Average | 316.765 % | £185,307 | £243,807 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £552,332 | £547,500 | 28 ARAGON DRIVE |
| 28 Oct 2022 | £519,407 | £525,000 | 9 ARAGON DRIVE |
| 17 Jun 2022 | £547,741 | £540,000 | 1 KINGSMEAD ARAGON DRIVE |
| 11 Feb 2022 | £519,104 | £495,000 | 137 FENCEPIECE ROAD |
| 19 Jan 2022 | £473,584 | £450,000 | 238 FENCEPIECE ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 22 Aug 2013. Using an estimated price of £226,485 means this house is valued at £3,431 per sq meter (£318 per sq foot).
The average size of a house on ARAGON DRIVE is 95 sq meters (1,027 sq feet).