£1,104,402
This estimated value is based upon the latest sale price for the house of £200,000 on 1 Sep 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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131 High Road, South Woodford, London, E18 2PA
Phone: 02036414330
Price Paid | Date |
---|---|
£200,000 | 1 Sep 1996 |
Detached |
Freehold |
Floor Area: 67 sq meters or 721 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 1996 the House Price Index for GREATER LONDON was 26.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 452.201%.Applying this 452.201% change to the original purchase price of £200,000 results in an estimated price of approximately £1,104,402.
1 Sep 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.9 | 148.6 | 452.201 % | £200,000 | £904,402 | £1,104,402 |
The Postcode Pricing Model uses changes in average sales price within the E18 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 | 292.530 % | £585,059 | £785,059 |
3 Month Average | 478.948 % | £957,896 | £1,157,896 |
6 Month Average | 440.662 % | £881,323 | £1,081,323 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Sep 2023 | £607,771 | £600,000 | 20A GROVE HILL |
31 Mar 2023 | £287,711 | £285,000 | FLAT 5 28 GROVE HILL |
27 Jan 2023 | £1,313,811 | £1,320,000 | 14 GROVE HILL |
13 Sep 2022 | £1,140,788 | £1,150,000 | 48 BRESSEY GROVE |
15 Mar 2022 | £1,139,889 | £1,100,000 | 48A BRESSEY GROVE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 23 Jul 2019. Using an estimated price of £1,104,402 means this house is valued at £16,483 per sq meter (£1,531 per sq foot).
The average size of a house on GROVE HILL is 88 sq meters (956 sq feet).