£372,014
This estimated value is based upon the latest sale price for the house of £220,000 on 12 Oct 2012. 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 |
|---|---|
| £220,000 | 12 Oct 2012 |
| £196,000 | 20 Dec 2004 |
| £57,000 | 21 Mar 1997 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 October 2012 the House Price Index for GREATER LONDON was 87.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 69.097%.Applying this 69.097% change to the original purchase price of £220,000 results in an estimated price of approximately £372,014.
| 12 Oct 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.0 | 69.097 % | £220,000 | £152,014 | £372,014 |
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 | 33.764 % | £74,280 | £294,280 |
| 3 Month Average | 62.158 % | £136,748 | £356,748 |
| 6 Month Average | 70.731 % | £155,609 | £375,609 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £400,137 | £395,000 | 325 GREEN LANE |
| 24 Apr 2023 | £453,370 | £450,000 | 68 ELMSTEAD ROAD |
| 31 Mar 2023 | £372,011 | £370,000 | 301 GREEN LANE |
| 9 Nov 2022 | £459,548 | £467,000 | 303 GREEN LANE |
| 30 Sep 2021 | £558,086 | £520,000 | 1 REIGATE ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 25 May 2012. Using an estimated price of £372,014 means this house is valued at £4,088 per sq meter (£379 per sq foot).
The average size of a house on GREEN LANE is 88 sq meters (948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Under investigation | On or near Ripley Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ripley Road |
| Mar 2024 | Other theft | Under investigation | On or near Ripley Road |
| Mar 2024 | Public order | Under investigation | On or near Elmstead Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Elmstead Road |