£185,622
This estimated value is based upon the latest sale price for the house of £125,000 on 12 Mar 2015. 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 |
|---|---|
| £125,000 | 12 Mar 2015 |
| £57,000 | 6 Apr 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 2015 the House Price Index for GREATER LONDON was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £125,000 results in an estimated price of approximately £185,622.
| 12 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 149.7 | 48.498 % | £125,000 | £60,622 | £185,622 |
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 | 39.459 % | £49,323 | £174,323 |
| 3 Month Average | 50.689 % | £63,361 | £188,361 |
| 6 Month Average | 53.029 % | £66,285 | £191,285 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £352,842 | £342,000 | 139 VICTORIA ROAD |
| 30 Nov 2023 | £220,600 | £215,000 | FLAT 2 118 VICTORIA ROAD |
| 24 Feb 2023 | £236,580 | £235,000 | 303 GURNEY CLOSE |
| 26 Jul 2022 | £154,549 | £153,000 | 294 GURNEY CLOSE |
| 13 May 2022 | £225,885 | £220,000 | FLAT 2 116 VICTORIA ROAD |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 26 Jun 2018. Using an estimated price of £185,622 means this house is valued at £4,124 per sq meter (£383 per sq foot).
The average size of a house on GURNEY CLOSE is 51 sq meters (549 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Uphall Road |