£378,791
This estimated value is based upon the latest sale price for the house of £245,000 on 19 May 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 |
|---|---|
| £245,000 | 19 May 2014 |
| £65,000 | 3 May 1996 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 May 2014 the House Price Index for GREATER LONDON was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £245,000 results in an estimated price of approximately £378,791.
| 19 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £245,000 | £133,791 | £378,791 |
The Postcode Pricing Model uses changes in average sales price within the IG1 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 | -2.211 % | £-5,417 | £239,582 |
| 3 Month Average | 46.709 % | £114,436 | £359,436 |
| 6 Month Average | 47.591 % | £116,597 | £361,597 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £390,786 | £385,000 | 23 DAHLIA GARDENS |
| 9 Mar 2022 | £507,769 | £490,000 | 64 UPHALL ROAD |
| 25 Feb 2022 | £359,702 | £343,000 | 7 DAHLIA GARDENS |
| 10 Dec 2021 | £460,692 | £430,000 | 33 JASMINE CLOSE |
| 1 Jun 2020 | £454,131 | £375,000 | 9 DAHLIA GARDENS |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 18 Dec 2018. Using an estimated price of £378,792 means this house is valued at £4,304 per sq meter (£399 per sq foot).
The average size of a house on JASMINE CLOSE is 77 sq meters (838 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Azalea Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tulip Gardens |
| Jan 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Tulip Gardens |
| Jan 2024 | Drugs | Local resolution | On or near Bluebell Way |