£517,225
This estimated value is based upon the latest sale price for the house of £152,500 on 15 Jun 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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High View Parade, 12 Woodford Avenue, Redbridge, Ilford, IG4 5EP
Phone: 02081281512
Price Paid | Date |
---|---|
£152,500 | 15 Jun 2001 |
£75,000 | 12 Apr 2001 |
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 June 2001 the House Price Index for GREATER LONDON was 43.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 239.164%.Applying this 239.164% change to the original purchase price of £152,500 results in an estimated price of approximately £517,225.
15 Jun 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
43.8 | 148.6 | 239.164 % | £152,500 | £364,725 | £517,225 |
The Postcode Pricing Model uses changes in average sales price within the IG4 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 | 325.725 % | £496,731 | £649,231 |
3 Month Average | 113.074 % | £172,437 | £324,937 |
6 Month Average | 199.395 % | £304,076 | £456,576 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Oct 2021 | £553,239 | £500,000 | 155 WOODFORD AVENUE |
19 Nov 2020 | £402,296 | £347,000 | 22 HEDGELEY WOODFORD AVENUE |
16 Mar 2020 | £331,220 | £275,000 | 7A HIGH VIEW PARADE |
24 Sep 2019 | £415,327 | £338,500 | 28 HEDGELEY |
5 Jul 2019 | £65,506 | £53,111 | 4 CAR PARKING SPACES REDBRIDGE STATION REDBRIDGE LANE EAST |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 16 Jun 2021. Using an estimated price of £517,225 means this house is valued at £7,183 per sq meter (£667 per sq foot).
The average size of a house on WOODFORD AVENUE is 106 sq meters (1,145 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Under investigation | On or near Woodford Avenue |
Dec 2023 | Anti-social behaviour | On or near Woodford Avenue | |
Dec 2023 | Anti-social behaviour | On or near Woodford Avenue | |
Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Woodford Avenue |
Dec 2023 | Anti-social behaviour | On or near Woodford Avenue |