£429,732
This estimated value is based upon the latest sale price for the house of £320,000 on 27 May 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Fairway Gardens
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370 Ilford Lane, Ilford, IG1 2LZ
Phone: 02036419259
Price Paid | Date |
---|---|
£320,000 | 27 May 2016 |
£68,500 | 2 Feb 1996 |
Terraced |
Freehold |
Floor Area: 93 sq meters or 1,001 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 2016 the House Price Index for GREATER LONDON was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £320,000 results in an estimated price of approximately £429,732.
27 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 148.6 | 34.292 % | £320,000 | £109,732 | £429,732 |
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 | -23.822 % | £-76,230 | £243,769 |
3 Month Average | 15.990 % | £51,167 | £371,167 |
6 Month Average | 16.964 % | £54,284 | £374,284 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jul 2023 | £567,640 | £560,000 | 30 ELSTREE GARDENS |
10 Jul 2023 | £451,071 | £445,000 | 6 LOXFORD LANE |
25 Jun 2021 | £472,087 | £440,000 | 14 ELSTREE GARDENS |
18 Jun 2021 | £468,868 | £437,000 | 15 ELSTREE GARDENS |
9 Jun 2021 | £611,567 | £570,000 | 14 VINE GARDENS |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 30 Jun 2020. Using an estimated price of £429,733 means this house is valued at £4,620 per sq meter (£429 per sq foot).
The average size of a house on SOUTHBOURNE GARDENS is 120 sq meters (1,300 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Under investigation | On or near Fairway Gardens |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Fairway Gardens |