£469,373
This estimated value is based upon the latest sale price for the house of £178,000 on 25 Oct 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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58b Ilford Lane, Ilford, IG1 2JZ
Phone: 02081153397
| Price Paid | Date |
|---|---|
| £178,000 | 25 Oct 2002 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2002 the House Price Index for GREATER LONDON was 56.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 163.693%.Applying this 163.693% change to the original purchase price of £178,000 results in an estimated price of approximately £469,373.
| 25 Oct 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 148.6 | 163.693 % | £178,000 | £291,373 | £469,373 |
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 | 31.684 % | £56,397 | £234,397 |
| 3 Month Average | 122.974 % | £218,893 | £396,893 |
| 6 Month Average | 137.384 % | £244,543 | £422,543 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £232,030 | £230,000 | 98B RIVERDENE ROAD |
| 10 Jul 2023 | £400,389 | £395,000 | 4 ELTISLEY ROAD |
| 19 Jan 2023 | £572,304 | £575,000 | 66 THORNTON ROAD |
| 31 Mar 2022 | £452,847 | £437,000 | 9 ELTISLEY ROAD |
| 26 Nov 2021 | £433,687 | £401,000 | 12 SANDYHILL ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 2 Jan 2019. Using an estimated price of £469,373 means this house is valued at £5,794 per sq meter (£538 per sq foot).
There is one other house on the street which we know the size of, this is 14 KENNETH AVENUE it is 78.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Kenneth Avenue |
| Apr 2024 | Vehicle crime | Under investigation | On or near Nigel Mews |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Nigel Mews |
| Feb 2024 | Drugs | Under investigation | On or near Nigel Mews |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nigel Mews |