£241,046
This estimated value is based upon the latest sale price for the house of £195,000 on 8 May 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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13-15 Seven Ways Parade, Woodford Avenue, Gants Hill, IG2 6JX
Phone: 02034783543
| Price Paid | Date |
|---|---|
| £195,000 | 8 May 2019 |
| Leasehold |
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 May 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £195,000 results in an estimated price of approximately £241,046.
| 8 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £195,000 | £46,046 | £241,046 |
The Postcode Pricing Model uses changes in average sales price within the IG2 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 | 0.679 % | £1,324 | £196,324 |
| 3 Month Average | 20.046 % | £39,088 | £234,088 |
| 6 Month Average | 16.403 % | £31,985 | £226,985 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £218,829 | £215,000 | FLAT 52 CITY GATE HOUSE, 399 - 425 EASTERN AVENUE |
| 15 Dec 2023 | £213,735 | £209,995 | FLAT 67 CITY GATE HOUSE, 399 - 425 EASTERN AVENUE |
| 17 Aug 2023 | £832,281 | £825,000 | 21 PERTH ROAD |
| 4 Nov 2022 | £25,689 | £26,000 | 587 CRANBROOK ROAD |
| 6 May 2022 | £222,187 | £218,000 | FLAT 35 ARODENE HOUSE, 41 - 55 PERTH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nightclub |
| Jan 2024 | Anti-social behaviour | On or near Nightclub | |
| Jan 2024 | Anti-social behaviour | On or near Nightclub | |
| Jan 2024 | Anti-social behaviour | On or near Nightclub | |
| Jan 2024 | Anti-social behaviour | On or near Nightclub |