£748,057
This estimated value is based upon the latest sale price for the house of £610,000 on 29 Oct 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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412 Green Lane, Ilford, IG3 9JX
Phone: 02034630627
| Price Paid | Date |
|---|---|
| £610,000 | 29 Oct 2019 |
| £600,000 | 23 Feb 2007 |
| £725,000 | 26 Feb 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 239 sq meters or 2,572 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 October 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £610,000 results in an estimated price of approximately £748,057.
| 29 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £610,000 | £138,057 | £748,057 |
The Postcode Pricing Model uses changes in average sales price within the IG3 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 | -11.870 % | £-72,408 | £537,591 |
| 3 Month Average | -0.935 % | £-5,705 | £604,294 |
| 6 Month Average | 6.807 % | £41,521 | £651,521 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £491,093 | £482,500 | 6 MORRAB GARDENS |
| 9 Jun 2023 | £440,334 | £435,000 | 15 MORRAB GARDENS |
| 9 Mar 2023 | £620,849 | £615,000 | 8 MORRAB GARDENS |
| 26 Jul 2022 | £496,336 | £495,000 | 7 MORRAB GARDENS |
| 27 May 2022 | £626,811 | £615,000 | 26 WATER LANE |
This house has a floor area of 239 sq meters or 2,572 sq feet when measured on 16 Sep 2019. Using an estimated price of £748,057 means this house is valued at £3,129 per sq meter (£290 per sq foot).
The average size of a house on EGERTON GARDENS is 170 sq meters (1,837 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Water Lane |
| Jan 2024 | Anti-social behaviour | On or near Parkway | |
| Jan 2024 | Anti-social behaviour | On or near Parkway | |
| Jan 2024 | Anti-social behaviour | On or near Parkway | |
| Jan 2024 | Vehicle crime | Under investigation | On or near Parkway |