£195,693
This estimated value is based upon the latest sale price for the house of £39,500 on 6 Oct 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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666 Green Lane, Ilford, IG3 9RX
Phone: 02081151550
Price Paid | Date |
---|---|
£39,500 | 6 Oct 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 39 sq meters or 419 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 1997 the House Price Index for GREATER LONDON was 30.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 395.428%.Applying this 395.428% change to the original purchase price of £39,500 results in an estimated price of approximately £195,693.
6 Oct 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.0 | 148.6 | 395.428 % | £39,500 | £156,193 | £195,693 |
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 | 298.004 % | £117,711 | £157,211 |
3 Month Average | 366.435 % | £144,741 | £184,241 |
6 Month Average | 381.866 % | £150,837 | £190,337 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Mar 2023 | £252,378 | £250,000 | 135 EXPRESS DRIVE |
22 Dec 2021 | £224,989 | £210,000 | 147 EXPRESS DRIVE |
7 Dec 2021 | £220,168 | £205,500 | 329 EXPRESS DRIVE |
22 Jul 2021 | £232,152 | £202,000 | 303 EXPRESS DRIVE |
24 Nov 2020 | £460,843 | £397,500 | 10 TALISMAN CLOSE |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 27 Aug 2020. Using an estimated price of £195,694 means this house is valued at £5,017 per sq meter (£466 per sq foot).
The average size of a house on EXPRESS DRIVE is 49 sq meters (531 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Norseman Close |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Norseman Close |