£459,876
This estimated value is based upon the latest sale price for the house of £220,000 on 5 Mar 2004. 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 |
|---|---|
| £220,000 | 5 Mar 2004 |
| £75,500 | 5 Jun 1997 |
| £64,500 | 23 Aug 1996 |
| Terraced |
| Freehold |
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 2004 the House Price Index for GREATER LONDON was 71.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 109.035%.Applying this 109.035% change to the original purchase price of £220,000 results in an estimated price of approximately £459,876.
| 5 Mar 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 148.6 | 109.035 % | £220,000 | £239,876 | £459,876 |
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 | 15.900 % | £34,979 | £254,979 |
| 3 Month Average | 82.204 % | £180,847 | £400,847 |
| 6 Month Average | 88.945 % | £195,679 | £415,679 |
| 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 |
| 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 |