£487,615
This estimated value is based upon the latest sale price for the house of £290,000 on 14 Sep 2006. 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 |
|---|---|
| £290,000 | 14 Sep 2006 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 September 2006 the House Price Index for GREATER LONDON was 87.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.143%.Applying this 68.143% change to the original purchase price of £290,000 results in an estimated price of approximately £487,615.
| 14 Sep 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 146.7 | 68.143 % | £290,000 | £197,615 | £487,615 |
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 | 32.800 % | £95,120 | £385,120 |
| 3 Month Average | 49.287 % | £142,930 | £432,930 |
| 6 Month Average | 96.698 % | £280,423 | £570,423 |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 28 Nov 2019.
The average size of a house on GREEN LANE is 88 sq meters (948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Elmstead Road |
| Jan 2024 | Other theft | Under investigation | On or near Elmstead Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Elmstead Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elmstead Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Elmstead Road |