£247,023
This estimated value is based upon the latest sale price for the house of £180,000 on 15 Jan 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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106 Ilford Lane, Ilford, IG1 2LD
Phone: 02036419852
| Price Paid | Date |
|---|---|
| £180,000 | 15 Jan 2016 |
| £50,000 | 21 Nov 1996 |
| Terraced |
| Freehold |
| Floor Area: 167 sq meters or 1,797 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 January 2016 the House Price Index for GREATER LONDON was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £180,000 results in an estimated price of approximately £247,023.
| 15 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £180,000 | £67,023 | £247,023 |
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 | -21.461 % | £-38,630 | £141,369 |
| 3 Month Average | 17.448 % | £31,406 | £211,406 |
| 6 Month Average | 16.158 % | £29,083 | £209,083 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £407,123 | £400,000 | 27 NATAL ROAD |
| 4 Aug 2023 | £368,221 | £365,000 | 30 NATAL ROAD |
| 18 Jan 2023 | £517,562 | £520,000 | 7 NATAL ROAD |
| 12 Aug 2022 | £349,060 | £350,000 | 8 JERSEY ROAD |
| 6 Jun 2022 | £471,666 | £465,000 | 26 NATAL ROAD |
This house has a floor area of 167 sq meters or 1,797 sq feet when measured on 18 Nov 2014. Using an estimated price of £247,024 means this house is valued at £1,479 per sq meter (£137 per sq foot).
The average size of a house on NATAL ROAD is 101 sq meters (1,088 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Natal Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Natal Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Natal Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Jersey Road |
| Jan 2024 | Burglary | Under investigation | On or near Lowbrook Road |