£299,362
This estimated value is based upon the latest sale price for the house of £185,000 on 27 Apr 2007. 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 |
---|---|
£185,000 | 27 Apr 2007 |
£151,000 | 7 Nov 2003 |
£53,000 | 23 May 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 61 sq meters or 656 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 April 2007 the House Price Index for GREATER LONDON was 92.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.818%.Applying this 61.818% change to the original purchase price of £185,000 results in an estimated price of approximately £299,362.
27 Apr 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.5 | 149.7 | 61.818 % | £185,000 | £114,362 | £299,362 |
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 | 79.915 % | £147,842 | £332,842 |
3 Month Average | 91.860 % | £169,941 | £354,941 |
6 Month Average | 85.155 % | £157,536 | £342,536 |
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 61 sq meters or 656 sq feet when measured on 31 Aug 2012. Using an estimated price of £299,363 means this house is valued at £4,907 per sq meter (£455 per sq foot).
The average size of a house on CHINGFORD LANE is 65 sq meters (704 sq feet).