£548,377
This estimated value is based upon the latest sale price for the house of £445,000 on 5 Oct 2018. 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 |
|---|---|
| £445,000 | 5 Oct 2018 |
| £275,000 | 7 Aug 2015 |
| £225,000 | 15 Jan 2007 |
| £59,995 | 26 Sep 1997 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £445,000 results in an estimated price of approximately £548,377.
| 5 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £445,000 | £103,377 | £548,377 |
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 | -52.365 % | £-233,025 | £211,974 |
| 3 Month Average | 2.382 % | £10,599 | £455,599 |
| 6 Month Average | 10.359 % | £46,096 | £491,096 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jul 2023 | £420,662 | £415,000 | 75 SAXON ROAD |
| 21 Mar 2023 | £423,995 | £420,000 | 6 NORMAN ROAD |
| 2 Feb 2023 | £363,755 | £364,000 | 69 NORMAN ROAD |
| 11 Nov 2022 | £489,076 | £495,000 | 62 NORMAN ROAD |
| 30 Mar 2022 | £365,801 | £353,000 | 26 NORMAN ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 18 May 2012. Using an estimated price of £548,378 means this house is valued at £6,854 per sq meter (£636 per sq foot).
The average size of a house on NORMAN ROAD is 89 sq meters (962 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Saxon Road |
| Feb 2024 | Public order | Under investigation | On or near Saxon Road |
| Feb 2024 | Other theft | Under investigation | On or near Saxon Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Saxon Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Saxon Road |