£509,608
This estimated value is based upon the latest sale price for the house of £420,000 on 5 Mar 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Water Lane
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352 Green Lane, Ilford, IG3 9JS
Phone: 02045164041
| Price Paid | Date |
|---|---|
| £420,000 | 5 Mar 2020 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 2020 the House Price Index for GREATER LONDON was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £420,000 results in an estimated price of approximately £509,608.
| 5 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £420,000 | £89,608 | £509,608 |
The Postcode Pricing Model uses changes in average sales price within the IG3 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 | -48.049 % | £-201,803 | £218,196 |
| 3 Month Average | 33.647 % | £141,317 | £561,317 |
| 6 Month Average | 15.942 % | £66,957 | £486,957 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Oct 2024 | £515,000 | £515,000 | 343A MORTLAKE ROAD |
| 28 Nov 2023 | £454,538 | £443,000 | 125 SOUTH PARK DRIVE |
| 19 Oct 2023 | £501,388 | £490,000 | 79 SOUTH PARK DRIVE |
| 29 Sep 2023 | £526,609 | £515,000 | 96 SOUTH PARK TERRACE |
| 15 Sep 2023 | £501,045 | £490,000 | 157 SOUTH PARK DRIVE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 19 Sep 2019. Using an estimated price of £509,608 means this house is valued at £4,718 per sq meter (£438 per sq foot).
The average size of a house on SOUTH PARK DRIVE is 115 sq meters (1,241 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Water Lane |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Water Lane |
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Water Lane |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Water Lane |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Water Lane |