£1,474,594
This estimated value is based upon the latest sale price for the house of £500,000 on 30 Apr 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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25 Beehive Lane, Ilford, IG1 3RG
Phone: 01708629342
| Price Paid | Date |
|---|---|
| £500,000 | 30 Apr 2002 |
| Detached |
| Freehold |
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 2002 the House Price Index for GREATER LONDON was 49.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 194.919%.Applying this 194.919% change to the original purchase price of £500,000 results in an estimated price of approximately £1,474,594.
| 30 Apr 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.7 | 146.7 | 194.919 % | £500,000 | £974,594 | £1,474,594 |
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 | 317.756 % | £1,588,781 | £2,088,781 |
| 3 Month Average | 191.672 % | £958,362 | £1,458,362 |
| 6 Month Average | 184.869 % | £924,345 | £1,424,345 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Tillotson Road |
| Jan 2024 | Burglary | Under investigation | On or near Mornington Avenue |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Mornington Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Mornington Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bethell Avenue |