£304,949
This estimated value is based upon the latest sale price for the house of £62,000 on 24 Nov 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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370 Ilford Lane, Ilford, IG1 2LZ
Phone: 02036419259
| Price Paid | Date |
|---|---|
| £62,000 | 24 Nov 1997 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 November 1997 the House Price Index for GREATER LONDON was 30.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 391.855%.Applying this 391.855% change to the original purchase price of £62,000 results in an estimated price of approximately £304,949.
| 24 Nov 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.2 | 148.6 | 391.855 % | £62,000 | £242,949 | £304,949 |
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 | 191.897 % | £118,976 | £180,976 |
| 3 Month Average | 350.385 % | £217,238 | £279,238 |
| 6 Month Average | 365.586 % | £226,663 | £288,663 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £483,459 | £475,000 | 5 UPHALL ROAD |
| 2 Feb 2023 | £363,755 | £364,000 | 69 NORMAN ROAD |
| 9 Mar 2022 | £507,769 | £490,000 | 64 UPHALL ROAD |
| 10 Dec 2021 | £460,692 | £430,000 | 33 JASMINE CLOSE |
| 23 Jun 2021 | £413,076 | £385,000 | 59 NORMAN ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 23 Jun 2016. Using an estimated price of £304,950 means this house is valued at £3,049 per sq meter (£283 per sq foot).
The average size of a house on UPHALL ROAD is 85 sq meters (918 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Harvey Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Saxon Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Saxon Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Saxon Road |