£427,732
This estimated value is based upon the latest sale price for the house of £330,000 on 17 Mar 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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384 Green Lane, Ilford, IG3 9JU
Phone: 02081152667
| Price Paid | Date |
|---|---|
| £330,000 | 17 Mar 2017 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 729 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 2017 the House Price Index for GREATER LONDON was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £330,000 results in an estimated price of approximately £427,732.
| 17 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £330,000 | £97,732 | £427,732 |
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 | 29.982 % | £98,940 | £428,940 |
| 3 Month Average | 1.418 % | £4,679 | £334,679 |
| 6 Month Average | 18.721 % | £61,778 | £391,778 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £400,936 | £395,000 | 325 GREEN LANE |
| 5 Apr 2023 | £1,011 | £1,000 | 331 GREEN LANE |
| 31 Mar 2023 | £373,519 | £370,000 | 301 GREEN LANE |
| 9 Nov 2022 | £461,411 | £467,000 | 303 GREEN LANE |
| 28 Jun 2022 | £527,454 | £520,000 | 9 GUILDFORD ROAD |
This house has a floor area of 67 sq meters or 729 sq feet when measured on 5 Oct 2011. Using an estimated price of £427,733 means this house is valued at £6,307 per sq meter (£586 per sq foot).
The average size of a house on GREEN LANE is 88 sq meters (948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kent View Gardens |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Kent View Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Elmstead Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Elmstead Road |
| Jan 2024 | Other theft | Under investigation | On or near Elmstead Road |