£421,776
This estimated value is based upon the latest sale price for the house of £114,000 on 8 Sep 2000. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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133d Ilford Lane, Ilford, Essex, London, IG1 2RP
Phone: 02080224983
Price Paid | Date |
---|---|
£114,000 | 8 Sep 2000 |
Terraced |
Freehold |
Floor Area: 98 sq meters or 1,054 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 September 2000 the House Price Index for GREATER LONDON was 40.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 269.980%.Applying this 269.980% change to the original purchase price of £114,000 results in an estimated price of approximately £421,776.
8 Sep 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.5 | 149.7 | 269.980 % | £114,000 | £307,776 | £421,776 |
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 | 438.925 % | £500,374 | £614,374 |
3 Month Average | 182.028 % | £207,511 | £321,511 |
6 Month Average | 212.750 % | £242,534 | £356,534 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £443,754 | £435,750 | 79 GRANGE ROAD |
13 Jul 2022 | £469,706 | £465,000 | 57 WINDSOR ROAD |
27 May 2022 | £462,037 | £450,000 | 60 KINGSTON ROAD |
11 Jan 2022 | £265,050 | £250,000 | 43 KINGSTON ROAD |
27 Oct 2021 | £491,569 | £441,000 | 30 WINDSOR ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 5 May 2012. Using an estimated price of £421,777 means this house is valued at £4,303 per sq meter (£399 per sq foot).
The average size of a house on WINDSOR ROAD is 97 sq meters (1,050 sq feet).