£553,358
This estimated value is based upon the latest sale price for the house of £405,000 on 8 Dec 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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412 Green Lane, Ilford, IG3 9JX
Phone: 02034630627
| Price Paid | Date |
|---|---|
| £405,000 | 8 Dec 2015 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 December 2015 the House Price Index for GREATER LONDON was 107.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 36.632%.Applying this 36.632% change to the original purchase price of £405,000 results in an estimated price of approximately £553,358.
| 8 Dec 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 146.7 | 36.632 % | £405,000 | £148,358 | £553,358 |
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 | 11.432 % | £46,300 | £451,300 |
| 3 Month Average | 6.085 % | £24,643 | £429,643 |
| 6 Month Average | 27.307 % | £110,594 | £515,594 |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 10 Nov 2015.
The average size of a house on REIGATE ROAD is 126 sq meters (1,360 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Reigate Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hobbs Mews |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Hobbs Mews |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ripley Road |
| Jan 2024 | Other theft | Under investigation | On or near Elmstead Road |