£105,423
This estimated value is based upon the latest sale price for the house of £84,000 on 12 Jan 2018. 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 |
---|---|
£84,000 | 12 Jan 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 72 sq meters or 775 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 2018 the House Price Index for GREATER LONDON was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £84,000 results in an estimated price of approximately £105,423.
12 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 148.6 | 25.504 % | £84,000 | £21,423 | £105,423 |
The Postcode Pricing Model uses changes in average sales price within the RM8 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 | -29.712 % | £-24,958 | £59,041 |
3 Month Average | 14.076 % | £11,823 | £95,823 |
6 Month Average | 18.672 % | £15,684 | £99,684 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 May 2022 | £254,801 | £250,000 | 91 WATERSIDE CLOSE |
6 Dec 2021 | £321,413 | £300,000 | FLAT 326 ACADEMY COURT, 566 LONGBRIDGE ROAD |
26 Feb 2021 | £173,688 | £153,000 | 75 WATERSIDE CLOSE |
15 Jul 2020 | £481,263 | £398,000 | 11 CAMPUS AVENUE |
30 Apr 2020 | £165,478 | £134,800 | 11 WATERSIDE CLOSE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 8 Oct 2014. Using an estimated price of £105,423 means this house is valued at £1,464 per sq meter (£136 per sq foot).
The average size of a house on CHANCELLOR WAY is 61 sq meters (658 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Under investigation | On or near Chancellor Way |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Chancellor Way |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Provost Way |