£413,106
This estimated value is based upon the latest sale price for the house of £147,500 on 18 Jul 2002. 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 |
|---|---|
| £147,500 | 18 Jul 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 802 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 2002 the House Price Index for GREATER LONDON was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £147,500 results in an estimated price of approximately £413,106.
| 18 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 148.6 | 180.072 % | £147,500 | £265,606 | £413,106 |
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 | 168.499 % | £248,535 | £396,035 |
| 3 Month Average | 147.333 % | £217,316 | £364,816 |
| 6 Month Average | 181.436 % | £267,618 | £415,118 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £543,350 | £537,500 | 4A MELDRUM ROAD |
| 18 Jul 2022 | £551,485 | £550,000 | 21 MELDRUM ROAD |
| 22 Jun 2022 | £355,017 | £350,000 | 24 MELDRUM ROAD |
| 14 Oct 2020 | £381,839 | £325,500 | 101 MAYESBROOK ROAD |
| 5 Jun 2020 | £508,626 | £420,000 | 134 MAYESBROOK ROAD |
This house has a floor area of 74 sq meters or 802 sq feet when measured on 16 Mar 2010. Using an estimated price of £413,107 means this house is valued at £5,542 per sq meter (£514 per sq foot).
The average size of a house on MAYESBROOK ROAD is 94 sq meters (1,016 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Meldrum Road |
| Dec 2023 | Possession of weapons | Under investigation | On or near Meldrum Road |
| Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Meldrum Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Meldrum Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Meldrum Road |