£324,252
This estimated value is based upon the latest sale price for the house of £190,000 on 30 Jul 2010. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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666 Green Lane, Ilford, IG3 9RX
Phone: 02081151550
Price Paid | Date |
---|---|
£190,000 | 30 Jul 2010 |
£189,995 | 12 May 2006 |
£65,000 | 19 Oct 1998 |
£62,100 | 19 Oct 1998 |
£55,000 | 2 Feb 1996 |
Terraced |
Freehold |
Floor Area: 96 sq meters or 1,033 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 July 2010 the House Price Index for GREATER LONDON was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.659%.Applying this 70.659% change to the original purchase price of £190,000 results in an estimated price of approximately £324,252.
30 Jul 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 149.7 | 70.659 % | £190,000 | £134,252 | £324,252 |
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 | -37.899 % | £-72,008 | £117,991 |
3 Month Average | 103.088 % | £195,866 | £385,866 |
6 Month Average | 97.675 % | £185,582 | £375,582 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 May 2024 | £440,000 | £440,000 | 19 FIELDWAY |
1 Dec 2023 | £309,511 | £300,000 | 117 BECONTREE AVENUE |
21 Sep 2023 | £368,115 | £360,000 | 75 LICHFIELD ROAD |
8 Sep 2023 | £322,100 | £315,000 | 90 BECONTREE AVENUE |
25 Aug 2023 | £402,255 | £395,000 | 19 CAMPDEN CRESCENT |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 23 Apr 2014. Using an estimated price of £324,252 means this house is valued at £3,377 per sq meter (£313 per sq foot).
The average size of a house on LICHFIELD ROAD is 81 sq meters (877 sq feet).