£297,386
This estimated value is based upon the latest sale price for the house of £239,344 on 18 Jul 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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352 Green Lane, Ilford, IG3 9JS
Phone: 02045164041
| Price Paid | Date |
|---|---|
| £239,344 | 18 Jul 2019 |
| £235,000 | 25 Apr 2003 |
| £121,000 | 26 Oct 2001 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 July 2019 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £239,344 results in an estimated price of approximately £297,386.
| 18 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £239,344 | £58,042 | £297,386 |
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 | -7.252 % | £-17,358 | £221,985 |
| 3 Month Average | 13.487 % | £32,279 | £271,623 |
| 6 Month Average | 16.866 % | £40,366 | £279,710 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £343,725 | £335,000 | 5 COBHAM ROAD |
| 10 Mar 2023 | £231,029 | £227,171 | 47 COBHAM ROAD |
| 29 Jun 2021 | £480,986 | £445,000 | 1 COBHAM ROAD |
| 27 Nov 2020 | £531,411 | £455,000 | 49 SOUTH PARK DRIVE |
| 11 Aug 2020 | £471,097 | £390,000 | 14 BETCHWORTH ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 12 Dec 2012. Using an estimated price of £297,386 means this house is valued at £3,965 per sq meter (£368 per sq foot).
The average size of a house on BETCHWORTH ROAD is 92 sq meters (991 sq feet).