£293,481
This estimated value is based upon the latest sale price for the house of £172,000 on 28 Apr 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Apple Business Centre, 43A, Mile End Road, London, IG1 1NR
Phone: 02081289288
| Price Paid | Date |
|---|---|
| £172,000 | 28 Apr 2011 |
| £124,000 | 27 Sep 2006 |
| £165,500 | 19 Dec 2005 |
| £59,000 | 6 Feb 1998 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2011 the House Price Index for GREATER LONDON was 86.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 70.629%.Applying this 70.629% change to the original purchase price of £172,000 results in an estimated price of approximately £293,481.
| 28 Apr 2011 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 148.0 | 70.629 % | £172,000 | £121,481 | £293,481 |
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 | -2.714 % | £-4,668 | £167,331 |
| 3 Month Average | 49.739 % | £85,551 | £257,551 |
| 6 Month Average | 52.536 % | £90,362 | £262,362 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £508,140 | £505,050 | 126 GREEN LANE |
| 20 Jan 2023 | £411,386 | £415,000 | 103 GREEN LANE |
| 2 Nov 2022 | £452,660 | £460,000 | 69 GREEN LANE |
| 29 Jul 2022 | £449,393 | £450,000 | 121 STANLEY ROAD |
| 9 Mar 2022 | £851,464 | £825,000 | 109A GREEN LANE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 21 Feb 2020. Using an estimated price of £293,482 means this house is valued at £4,020 per sq meter (£373 per sq foot).
The average size of a house on GREEN LANE is 81 sq meters (879 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Melford Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Melford Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Melford Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Melford Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Melford Road |