£261,514
This estimated value is based upon the latest sale price for the house of £145,000 on 27 Jan 2006. 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 |
|---|---|
| £145,000 | 27 Jan 2006 |
| £75,000 | 29 Jan 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 2006 the House Price Index for GREATER LONDON was 83.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 80.355%.Applying this 80.355% change to the original purchase price of £145,000 results in an estimated price of approximately £261,514.
| 27 Jan 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 149.7 | 80.355 % | £145,000 | £116,514 | £261,514 |
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 | 145.894 % | £211,545 | £356,545 |
| 3 Month Average | 69.680 % | £101,036 | £246,036 |
| 6 Month Average | 74.739 % | £108,371 | £253,371 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £198,043 | £195,000 | 12 WATERSIDE CLOSE |
| 30 May 2022 | £256,687 | £250,000 | 91 WATERSIDE CLOSE |
| 10 May 2022 | £208,430 | £203,000 | 121 WATERSIDE CLOSE |
| 22 Feb 2022 | £132,057 | £125,000 | 52 WATERSIDE CLOSE |
| 26 Feb 2021 | £174,974 | £153,000 | 75 WATERSIDE CLOSE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 28 Aug 2014. Using an estimated price of £261,515 means this house is valued at £4,842 per sq meter (£449 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 | Unable to prosecute suspect | On or near Fellowship Close |
| Oct 2024 | Theft from the person | Under investigation | On or near Fellowship Close |
| Oct 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Fellowship Close |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fellowship Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fellowship Close |