£337,492
This estimated value is based upon the latest sale price for the house of £155,000 on 12 Dec 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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106 Ilford Lane, Ilford, IG1 2LD
Phone: 02036419852
| Price Paid | Date |
|---|---|
| £155,000 | 12 Dec 2003 |
| Terraced |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 2003 the House Price Index for GREATER LONDON was 68.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 117.737%.Applying this 117.737% change to the original purchase price of £155,000 results in an estimated price of approximately £337,492.
| 12 Dec 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 68.2 | 148.6 | 117.737 % | £155,000 | £182,492 | £337,492 |
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 | 208.614 % | £323,351 | £478,351 |
| 3 Month Average | 111.160 % | £172,298 | £327,298 |
| 6 Month Average | 110.352 % | £171,045 | £326,045 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £407,123 | £400,000 | 27 NATAL ROAD |
| 13 Nov 2023 | £329,884 | £325,000 | 20 HAMILTON ROAD |
| 14 Jan 2022 | £394,653 | £375,000 | 36 HOWARD ROAD |
| 20 Aug 2021 | £471,348 | £422,500 | 3 HAMILTON ROAD |
| 18 Jun 2021 | £321,877 | £300,000 | 16 HOWARD ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 18 Nov 2019. Using an estimated price of £337,493 means this house is valued at £3,013 per sq meter (£279 per sq foot).
The average size of a house on HOWARD ROAD is 89 sq meters (966 sq feet).