£479,011
This estimated value is based upon the latest sale price for the house of £219,995 on 15 Dec 2003. 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 |
---|---|
£219,995 | 15 Dec 2003 |
Terraced |
Freehold |
Floor Area: 119 sq meters or 1,280 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 December 2003 the House Price Index for GREATER LONDON was 68.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 117.737%.Applying this 117.737% change to the original purchase price of £219,995 results in an estimated price of approximately £479,011.
15 Dec 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
68.2 | 148.6 | 117.737 % | £219,995 | £259,016 | £479,011 |
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 | 20.383 % | £44,841 | £264,836 |
3 Month Average | 86.893 % | £191,160 | £411,155 |
6 Month Average | 99.733 % | £219,407 | £439,402 |
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 119 sq meters or 1,280 sq feet when measured on 28 Nov 2019. Using an estimated price of £479,011 means this house is valued at £4,025 per sq meter (£373 per sq foot).
The average size of a house on BEDFORD ROAD is 130 sq meters (1,407 sq feet).