£842,519
This estimated value is based upon the latest sale price for the house of £670,000 on 30 Apr 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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412 Green Lane, Ilford, IG3 9JX
Phone: 02034630627
| Price Paid | Date |
|---|---|
| £670,000 | 30 Apr 2018 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 April 2018 the House Price Index for GREATER LONDON was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £670,000 results in an estimated price of approximately £842,519.
| 30 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £670,000 | £172,519 | £842,519 |
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 | 39.182 % | £262,518 | £932,518 |
| 3 Month Average | -0.141 % | £-944 | £669,055 |
| 6 Month Average | 34.740 % | £232,755 | £902,755 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £418,429 | £412,000 | 6 WATER LANE |
| 20 Dec 2023 | £497,796 | £482,500 | 6 MORRAB GARDENS |
| 9 Jun 2023 | £443,896 | £435,000 | 15 MORRAB GARDENS |
| 12 Apr 2023 | £560,483 | £550,000 | 3 WATER LANE |
| 9 Mar 2023 | £625,445 | £615,000 | 8 MORRAB GARDENS |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 16 Aug 2017. Using an estimated price of £842,519 means this house is valued at £7,201 per sq meter (£668 per sq foot).
The average size of a house on BREAMORE ROAD is 101 sq meters (1,095 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Morrab Gardens |