£536,791
This estimated value is based upon the latest sale price for the house of £440,000 on 9 Jun 2020. 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 |
|---|---|
| £440,000 | 9 Jun 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 June 2020 the House Price Index for GREATER LONDON was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £440,000 results in an estimated price of approximately £536,791.
| 9 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £440,000 | £96,791 | £536,791 |
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 | 1.660 % | £7,305 | £447,305 |
| 3 Month Average | 32.395 % | £142,539 | £582,539 |
| 6 Month Average | 33.666 % | £148,131 | £588,131 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Mar 2023 | £564,426 | £555,000 | 43 CASTLETON ROAD |
| 29 Apr 2022 | £679,511 | £655,000 | 39 CASTLETON 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 |
| 31 Mar 2022 | £100,368 | £96,144 | FLAT 18 ELDER HOUSE, 1B BROOMHILL ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 24 Jan 2020. Using an estimated price of £536,791 means this house is valued at £5,314 per sq meter (£493 per sq foot).
The average size of a house on GREEN LANE is 88 sq meters (948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Holly Lane |
| Sep 2024 | Shoplifting | Local resolution | On or near Holly Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holly Lane |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Holly Lane |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Holly Lane |