£617,665
This estimated value is based upon the latest sale price for the house of £480,000 on 19 May 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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133d Ilford Lane, Ilford, Essex, London, IG1 2RP
Phone: 02080224983
| Price Paid | Date |
|---|---|
| £480,000 | 19 May 2017 |
| £104,995 | 10 Dec 1999 |
| Terraced |
| Freehold |
| Floor Area: 157 sq meters or 1,689 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 May 2017 the House Price Index for GREATER LONDON was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £480,000 results in an estimated price of approximately £617,665.
| 19 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £480,000 | £137,665 | £617,665 |
The Postcode Pricing Model uses changes in average sales price within the IG1 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 | -74.839 % | £-359,229 | £120,770 |
| 3 Month Average | -2.652 % | £-12,727 | £467,272 |
| 6 Month Average | 6.436 % | £30,892 | £510,892 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £534,349 | £525,000 | 1 DUDLEY ROAD |
| 24 Nov 2023 | £1,015 | £1,000 | 93 ILFORD LANE |
| 14 Jul 2022 | £466,255 | £465,000 | 4 BEDFORD ROAD |
| 4 Jul 2022 | £486,309 | £485,000 | 12 BEDFORD ROAD |
| 12 Apr 2022 | £823,839 | £800,000 | 106 ILFORD LANE |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 23 Mar 2017. Using an estimated price of £617,665 means this house is valued at £3,934 per sq meter (£365 per sq foot).
The average size of a house on BEDFORD ROAD is 130 sq meters (1,407 sq feet).