£340,053
This estimated value is based upon the latest sale price for the house of £59,950 on 19 Jan 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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370 Ilford Lane, Ilford, IG1 2LZ
Phone: 02036419259
| Price Paid | Date |
|---|---|
| £59,950 | 19 Jan 1996 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 January 1996 the House Price Index for GREATER LONDON was 26.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 467.228%.Applying this 467.228% change to the original purchase price of £59,950 results in an estimated price of approximately £340,053.
| 19 Jan 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 148.6 | 467.228 % | £59,950 | £280,103 | £340,053 |
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 | 650.858 % | £390,189 | £450,139 |
| 3 Month Average | 415.440 % | £249,056 | £309,006 |
| 6 Month Average | 403.421 % | £241,850 | £301,800 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £577,382 | £570,000 | 65 FAIRFIELD ROAD |
| 31 Jul 2023 | £364,911 | £360,000 | 45 ROMAN ROAD |
| 30 Mar 2022 | £528,494 | £510,000 | 16 FAIRFIELD ROAD |
| 12 Nov 2021 | £470,459 | £435,000 | 35 FAIRFIELD ROAD |
| 1 Sep 2021 | £215,518 | £200,000 | 14 ROMAN ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 11 Oct 2021. Using an estimated price of £340,053 means this house is valued at £4,146 per sq meter (£385 per sq foot).
The average size of a house on FAIRFIELD ROAD is 113 sq meters (1,221 sq feet).
This house is the smallest in the street with a floor area of 82 sq meters (882 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Roman Road | |
| Dec 2023 | Anti-social behaviour | On or near Roman Road | |
| Dec 2023 | Anti-social behaviour | On or near Roman Road | |
| Dec 2023 | Anti-social behaviour | On or near Roman Road | |
| Dec 2023 | Drugs | Local resolution | On or near Roman Road |