£291,517
This estimated value is based upon the latest sale price for the house of £230,000 on 29 Sep 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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106 Ilford Lane, Ilford, IG1 2LD
Phone: 02036419852
| Price Paid | Date |
|---|---|
| £230,000 | 29 Sep 2017 |
| £112,500 | 31 Jan 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 2017 the House Price Index for GREATER LONDON was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £230,000 results in an estimated price of approximately £291,517.
| 29 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £230,000 | £61,517 | £291,517 |
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 | -55.387 % | £-127,389 | £102,610 |
| 3 Month Average | -1.216 % | £-2,797 | £227,202 |
| 6 Month Average | -9.119 % | £-20,973 | £209,026 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £4,049,047 | £4,000,000 | 89 DAFFODIL GARDENS |
| 14 Dec 2021 | £267,844 | £250,000 | 18 PRETORIA ROAD |
| 9 Oct 2020 | £492,695 | £420,000 | 35 PAGET ROAD |
| 7 Feb 2020 | £501,631 | £410,000 | 85 MAYVILLE ROAD |
| 6 Mar 2019 | £290,934 | £235,500 | 3 HAWLEY COURT PRETORIA ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 9 Mar 2016. Using an estimated price of £291,517 means this house is valued at £5,205 per sq meter (£483 per sq foot).
The average size of a house on PRETORIA ROAD is 60 sq meters (652 sq feet).