£581,736
This estimated value is based upon the latest sale price for the house of £116,500 on 9 Sep 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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412 Green Lane, Ilford, IG3 9JX
Phone: 02034630627
| Price Paid | Date |
|---|---|
| £116,500 | 9 Sep 1997 |
| Terraced |
| Freehold |
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 September 1997 the House Price Index for GREATER LONDON was 29.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 399.345%.Applying this 399.345% change to the original purchase price of £116,500 results in an estimated price of approximately £581,736.
| 9 Sep 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 148.6 | 399.345 % | £116,500 | £465,236 | £581,736 |
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 | 402.314 % | £468,696 | £585,196 |
| 3 Month Average | 354.049 % | £412,467 | £528,967 |
| 6 Month Average | 385.140 % | £448,688 | £565,188 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £440,334 | £435,000 | 15 MORRAB GARDENS |
| 9 Mar 2023 | £620,849 | £615,000 | 8 MORRAB GARDENS |
| 26 Jul 2022 | £496,336 | £495,000 | 7 MORRAB GARDENS |
| 27 May 2022 | £626,811 | £615,000 | 26 WATER LANE |
| 25 May 2022 | £580,946 | £570,000 | 51 BREAMORE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Drugs | Offender given penalty notice | On or near Morrab Gardens |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Water Lane |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Water Lane |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Water Lane |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Guildford Road |