£290,265
This estimated value is based upon the latest sale price for the house of £142,000 on 30 Apr 2004. 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 |
---|---|
£142,000 | 30 Apr 2004 |
£75,000 | 27 Sep 2001 |
£63,500 | 20 Apr 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 64 sq meters or 688 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 April 2004 the House Price Index for GREATER LONDON was 72.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 104.412%.Applying this 104.412% change to the original purchase price of £142,000 results in an estimated price of approximately £290,265.
30 Apr 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
72.7 | 148.6 | 104.412 % | £142,000 | £148,265 | £290,265 |
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 | 8.864 % | £12,586 | £154,586 |
3 Month Average | 77.450 % | £109,978 | £251,978 |
6 Month Average | 84.868 % | £120,512 | £262,512 |
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 64 sq meters or 688 sq feet when measured on 31 Oct 2016. Using an estimated price of £290,265 means this house is valued at £4,535 per sq meter (£421 per sq foot).
The average size of a house on PRETORIA ROAD is 60 sq meters (652 sq feet).