£698,246
This estimated value is based upon the latest sale price for the house of £510,000 on 18 Dec 2015. 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 |
---|---|
£510,000 | 18 Dec 2015 |
Semi-Detached |
Freehold |
Floor Area: 115 sq meters or 1,237 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 2015 the House Price Index for GREATER LONDON was 107.4.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 36.911%.Applying this 36.911% change to the original purchase price of £510,000 results in an estimated price of approximately £698,246.
18 Dec 2015 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 147.0 | 36.911 % | £510,000 | £188,246 | £698,246 |
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 | -13.622 % | £-69,470 | £440,529 |
3 Month Average | -6.189 % | £-31,565 | £478,434 |
6 Month Average | 37.029 % | £188,849 | £698,849 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Oct 2023 | £558,102 | £560,000 | 20 LEVETT GARDENS |
18 Oct 2023 | £463,424 | £465,000 | 37 LEVETT GARDENS |
11 Aug 2023 | £839,291 | £845,000 | 26 PARKWAY |
12 Sep 2022 | £524,300 | £535,000 | 121 DAWLISH DRIVE |
27 May 2022 | £715,353 | £710,000 | 90 DAWLISH DRIVE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 28 Aug 2015. Using an estimated price of £698,247 means this house is valued at £6,071 per sq meter (£564 per sq foot).
The average size of a house on LEVETT GARDENS is 122 sq meters (1,316 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Under investigation | On or near Dawlish Drive |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Dawlish Drive |
Jan 2024 | Vehicle crime | Under investigation | On or near Dawlish Drive |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Dawlish Drive |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Dawlish Drive |