£1,222,043
This estimated value is based upon the latest sale price for the house of £775,000 on 31 Jan 2014. 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 |
|---|---|
| £775,000 | 31 Jan 2014 |
| £360,000 | 22 Feb 2002 |
| £326,000 | 12 Apr 2001 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,285 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 2014 the House Price Index for GREATER LONDON was 93.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 57.683%.Applying this 57.683% change to the original purchase price of £775,000 results in an estimated price of approximately £1,222,043.
| 31 Jan 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 146.7 | 57.683 % | £775,000 | £447,043 | £1,222,043 |
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 | 60.586 % | £469,540 | £1,244,540 |
| 3 Month Average | 42.646 % | £330,506 | £1,105,506 |
| 6 Month Average | 54.175 % | £419,857 | £1,194,857 |
This house has a floor area of 119 sq meters or 1,285 sq feet when measured on 12 Mar 2012.
The average size of a house on PARKWAY is 148 sq meters (1,600 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Parkway |
| Jan 2024 | Anti-social behaviour | On or near Parkway | |
| Jan 2024 | Anti-social behaviour | On or near Parkway | |
| Jan 2024 | Anti-social behaviour | On or near Parkway | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parkway |