£472,931
This estimated value is based upon the latest sale price for the house of £385,000 on 10 Jul 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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370 Ilford Lane, Ilford, IG1 2LZ
Phone: 02036419259
| Price Paid | Date |
|---|---|
| £385,000 | 10 Jul 2019 |
| £133,000 | 9 May 2001 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 2019 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.839%.Applying this 22.839% change to the original purchase price of £385,000 results in an estimated price of approximately £472,931.
| 10 Jul 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.839 % | £385,000 | £87,931 | £472,931 |
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 | -36.623 % | £-140,996 | £244,003 |
| 3 Month Average | 3.381 % | £13,018 | £398,018 |
| 6 Month Average | 42.304 % | £162,870 | £547,870 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Feb 2023 | £124,412 | £125,000 | GROUND FLOOR ROOMS 137 WOODLANDS ROAD |
| 31 Oct 2022 | £476,911 | £484,000 | 85 HAMPTON ROAD |
| 2 Sep 2022 | £444,593 | £450,000 | 82 HAMPTON ROAD |
| 17 Dec 2021 | £471,637 | £442,000 | 114A HAMPTON ROAD |
| 5 Oct 2021 | £38,570 | £35,000 | 114A KINGSTON ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 15 Oct 2018. Using an estimated price of £472,932 means this house is valued at £4,926 per sq meter (£457 per sq foot).
The average size of a house on HAMPTON ROAD is 93 sq meters (1,007 sq feet).