£182,518
This estimated value is based upon the latest sale price for the house of £60,000 on 13 Mar 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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620 Green Lane, Ilford, IG3 9SE
Phone: 02077681326
| Price Paid | Date |
|---|---|
| £60,000 | 13 Mar 2002 |
| £51,995 | 18 Feb 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 37 sq meters or 398 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 March 2002 the House Price Index for GREATER LONDON was 49.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 204.197%.Applying this 204.197% change to the original purchase price of £60,000 results in an estimated price of approximately £182,518.
| 13 Mar 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 149.7 | 204.197 % | £60,000 | £122,518 | £182,518 |
The Postcode Pricing Model uses changes in average sales price within the IG11 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 | 291.402 % | £174,841 | £234,841 |
| 3 Month Average | 194.518 % | £116,710 | £176,710 |
| 6 Month Average | 202.085 % | £121,250 | £181,250 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 May 2022 | £256,687 | £250,000 | 91 WATERSIDE CLOSE |
| 10 May 2022 | £208,430 | £203,000 | 121 WATERSIDE CLOSE |
| 29 Mar 2022 | £234,885 | £225,000 | 139 WATERSIDE CLOSE |
| 18 Mar 2022 | £276,642 | £265,000 | 94 WATERSIDE CLOSE |
| 22 Feb 2022 | £132,057 | £125,000 | 52 WATERSIDE CLOSE |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 23 Jul 2020. Using an estimated price of £182,518 means this house is valued at £4,932 per sq meter (£458 per sq foot).
The average size of a house on WATERSIDE CLOSE is 47 sq meters (513 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Waterside Close |
| Oct 2024 | Anti-social behaviour | On or near Waterside Close | |
| Sep 2024 | Anti-social behaviour | On or near Waterside Close | |
| Sep 2024 | Anti-social behaviour | On or near Waterside Close | |
| Sep 2024 | Anti-social behaviour | On or near Waterside Close |