£468,855
This estimated value is based upon the latest sale price for the house of £305,000 on 30 Apr 2014. 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 |
|---|---|
| £305,000 | 30 Apr 2014 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 712 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 2014 the House Price Index for GREATER LONDON was 95.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 53.723%.Applying this 53.723% change to the original purchase price of £305,000 results in an estimated price of approximately £468,855.
| 30 Apr 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 146.7 | 53.723 % | £305,000 | £163,855 | £468,855 |
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 | 56.887 % | £173,504 | £478,504 |
| 3 Month Average | 32.265 % | £98,408 | £403,408 |
| 6 Month Average | 47.826 % | £145,870 | £450,870 |
This house has a floor area of 66 sq meters or 712 sq feet when measured on 15 Dec 2011.
The average size of a house on MELDRUM ROAD is 122 sq meters (1,317 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (712 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | 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 |
| 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 |