£199,146
This estimated value is based upon the latest sale price for the house of £41,000 on 16 Jan 1998. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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620 Green Lane, Ilford, IG3 9SE
Phone: 02077681326
| Price Paid | Date |
|---|---|
| £41,000 | 16 Jan 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 26 sq meters or 279 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 January 1998 the House Price Index for GREATER LONDON was 30.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 385.724%.Applying this 385.724% change to the original purchase price of £41,000 results in an estimated price of approximately £199,146.
| 16 Jan 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.8 | 149.7 | 385.724 % | £41,000 | £158,146 | £199,146 |
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 | 327.864 % | £134,424 | £175,424 |
| 3 Month Average | 418.463 % | £171,569 | £212,569 |
| 6 Month Average | 419.220 % | £171,880 | £212,880 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £697,711 | £680,000 | 28 ALLOA ROAD |
| 29 Jul 2022 | £242,429 | £240,000 | 13A ALLOA ROAD |
| 31 Mar 2022 | £100,368 | £96,144 | FLAT 18 ELDER HOUSE, 1B BROOMHILL ROAD |
| 31 Mar 2022 | £96,517 | £92,455 | FLAT 23 ELDER HOUSE, 1B BROOMHILL ROAD |
| 31 Mar 2022 | £123,033 | £117,855 | FLAT 19 ELDER HOUSE, 1B BROOMHILL ROAD |
This house has a floor area of 26 sq meters or 279 sq feet when measured on 12 Jul 2020. Using an estimated price of £199,147 means this house is valued at £7,659 per sq meter (£711 per sq foot).
The average size of a house on ALLOA ROAD is 91 sq meters (982 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Alloa Road | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Alloa Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Alloa Road |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Alloa Road |
| Oct 2024 | Robbery | Under investigation | On or near Broomhill Road |