£164,696
This estimated value is based upon the latest sale price for the house of £110,000 on 11 Nov 2014. 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 |
|---|---|
| £110,000 | 11 Nov 2014 |
| £110,000 | 4 Apr 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 November 2014 the House Price Index for GREATER LONDON was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £110,000 results in an estimated price of approximately £164,696.
| 11 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £110,000 | £54,696 | £164,696 |
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 | 24.610 % | £27,070 | £137,070 |
| 3 Month Average | 14.029 % | £15,431 | £125,431 |
| 6 Month Average | 54.615 % | £60,076 | £170,076 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £348,090 | £342,000 | 139 VICTORIA ROAD |
| 24 Feb 2023 | £234,842 | £235,000 | 303 GURNEY CLOSE |
| 26 Jul 2022 | £153,413 | £153,000 | 294 GURNEY CLOSE |
| 13 May 2022 | £224,225 | £220,000 | FLAT 2 116 VICTORIA ROAD |
| 18 Feb 2022 | £367,043 | £350,000 | 96 VICTORIA ROAD |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 13 May 2014. Using an estimated price of £164,697 means this house is valued at £3,580 per sq meter (£332 per sq foot).
The average size of a house on GURNEY CLOSE is 51 sq meters (549 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Uphall Road | |
| Jan 2024 | Anti-social behaviour | On or near Uphall Road | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Uphall Road |
| Jan 2024 | Anti-social behaviour | On or near Uphall Road | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Uphall Road |