£523,565
This estimated value is based upon the latest sale price for the house of £515,000 on 4 Apr 2022. 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 |
|---|---|
| £515,000 | 4 Apr 2022 |
| £245,000 | 8 Sep 2009 |
| £120,000 | 20 Jun 2001 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 932 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 2022 the House Price Index for GREATER LONDON was 144.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 1.663%.Applying this 1.663% change to the original purchase price of £515,000 results in an estimated price of approximately £523,565.
| 4 Apr 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 146.7 | 1.663 % | £515,000 | £8,565 | £523,565 |
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 | -43.676 % | £-224,931 | £290,068 |
| 3 Month Average | -31.225 % | £-160,806 | £354,193 |
| 6 Month Average | -13.734 % | £-70,727 | £444,272 |
This house has a floor area of 86 sq meters or 932 sq feet when measured on 12 Jan 2009.
The average size of a house on MORRAB GARDENS is 119 sq meters (1,285 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Drugs | Offender given penalty notice | On or near Morrab Gardens |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Water Lane |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Water Lane |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Water Lane |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Audley Gardens |