£568,754
This estimated value is based upon the latest sale price for the house of £440,000 on 13 Apr 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
High View Parade, 12 Woodford Avenue, Redbridge, Ilford, IG4 5EP
Phone: 02081281512
| Price Paid | Date |
|---|---|
| £440,000 | 13 Apr 2017 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 2017 the House Price Index for GREATER LONDON was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £440,000 results in an estimated price of approximately £568,754.
| 13 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £440,000 | £128,754 | £568,754 |
The Postcode Pricing Model uses changes in average sales price within the IG5 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 | 95.092 % | £418,404 | £858,404 |
| 3 Month Average | -2.059 % | £-9,058 | £430,941 |
| 6 Month Average | -18.756 % | £-82,526 | £357,473 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Sep 2022 | £555,514 | £560,000 | 94 STRADBROKE GROVE |
| 6 May 2022 | £616,619 | £605,000 | 24 CHADACRE AVENUE |
| 11 Feb 2022 | £561,052 | £535,000 | 189 CLAYHALL AVENUE |
| 30 Sep 2021 | £592,676 | £550,000 | 191 CLAYHALL AVENUE |
| 29 Sep 2021 | £851,298 | £790,000 | 8 MELLOWS ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 26 Jan 2017. Using an estimated price of £568,754 means this house is valued at £5,078 per sq meter (£471 per sq foot).
The average size of a house on STRADBROKE GROVE is 118 sq meters (1,277 sq feet).