£432,900
This estimated value is based upon the latest sale price for the house of £250,000 on 6 Jan 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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457 High Road, Woodford Green, IG8 0XE
Phone: 02036417910
| Price Paid | Date |
|---|---|
| £250,000 | 6 Jan 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 758 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 January 2012 the House Price Index for GREATER LONDON was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.160%.Applying this 73.160% change to the original purchase price of £250,000 results in an estimated price of approximately £432,900.
| 6 Jan 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 149.7 | 73.160 % | £250,000 | £182,900 | £432,900 |
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 | 41.892 % | £104,729 | £354,729 |
| 3 Month Average | 58.002 % | £145,005 | £395,005 |
| 6 Month Average | 53.445 % | £133,611 | £383,611 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £457,022 | £450,000 | 13 PARKMORE CLOSE |
| 2 Jun 2023 | £464,305 | £455,000 | 15 PARKMORE CLOSE |
| 28 Apr 2023 | £326,099 | £320,000 | 19 PARKMORE CLOSE |
| 2 Mar 2023 | £1,011,899 | £995,000 | 24 CHESTNUT WALK |
| 10 Feb 2023 | £518,463 | £515,000 | 21 TREE TOPS, 9 SYDNEY ROAD |
This house has a floor area of 70 sq meters or 758 sq feet when measured on 15 Jun 2011. Using an estimated price of £432,901 means this house is valued at £6,140 per sq meter (£570 per sq foot).
The average size of a house on PARKMORE CLOSE is 79 sq meters (859 sq feet).