£528,297
This estimated value is based upon the latest sale price for the house of £430,000 on 5 Dec 2018. 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 |
|---|---|
| £430,000 | 5 Dec 2018 |
| Terraced |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 December 2018 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.860%.Applying this 22.860% change to the original purchase price of £430,000 results in an estimated price of approximately £528,297.
| 5 Dec 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.860 % | £430,000 | £98,297 | £528,297 |
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 | -6.414 % | £-27,580 | £402,419 |
| 3 Month Average | -12.122 % | £-52,124 | £377,875 |
| 6 Month Average | 5.480 % | £23,562 | £453,562 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £462,814 | £460,000 | 130 WINDSOR ROAD |
| 13 Jun 2023 | £413,352 | £410,000 | 149 KINGSTON ROAD |
| 31 Mar 2023 | £373,016 | £371,000 | 147 KINGSTON ROAD |
| 6 Jan 2023 | £485,733 | £490,000 | 136 KINGSTON ROAD |
| 26 May 2022 | £253,772 | £250,000 | 140 KINGSTON ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 18 May 2018. Using an estimated price of £528,297 means this house is valued at £4,593 per sq meter (£426 per sq foot).
The average size of a house on HAMPTON ROAD is 93 sq meters (1,007 sq feet).