£473,966
This estimated value is based upon the latest sale price for the house of £381,000 on 27 Sep 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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411 - 413 High Road, Woodford Green, IG8 0XG
Phone: 02034630153
Price Paid | Date |
---|---|
£381,000 | 27 Sep 2018 |
£313,000 | 23 Oct 2015 |
£230,000 | 10 Dec 2010 |
£169,999 | 6 Jun 2005 |
£152,000 | 19 Dec 2003 |
£56,000 | 13 Mar 2002 |
£56,000 | 13 Mar 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 58 sq meters or 631 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 2018 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £381,000 results in an estimated price of approximately £473,966.
27 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.401 % | £381,000 | £92,966 | £473,966 |
The Postcode Pricing Model uses changes in average sales price within the IG8 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 | 5.917 % | £22,543 | £403,543 |
3 Month Average | 8.879 % | £33,828 | £414,828 |
6 Month Average | 7.462 % | £28,431 | £409,431 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £582,281 | £567,500 | 50 CHINGFORD LANE |
13 Oct 2023 | £319,762 | £312,500 | 107 CHINGFORD LANE |
11 Oct 2023 | £386,273 | £377,500 | 59 CHINGFORD LANE |
22 Sep 2023 | £531,721 | £520,000 | 6 BEECHWOOD DRIVE |
18 Mar 2022 | £545,977 | £523,000 | 42 BEECHWOOD DRIVE |
This house has a floor area of 58 sq meters or 631 sq feet when measured on 19 Jul 2010. Using an estimated price of £473,966 means this house is valued at £8,074 per sq meter (£750 per sq foot).
The average size of a house on CHINGFORD LANE is 65 sq meters (704 sq feet).