£895,109
This estimated value is based upon the latest sale price for the house of £685,000 on 6 Jan 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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102 Goodmayes Road, Goodmayes, IG3 9UZ
Phone: 02036415642
| Price Paid | Date |
|---|---|
| £685,000 | 6 Jan 2017 |
| Detached |
| Freehold |
| Floor Area: 173 sq meters or 1,862 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 2017 the House Price Index for GREATER LONDON was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £685,000 results in an estimated price of approximately £895,109.
| 6 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £685,000 | £210,109 | £895,109 |
The Postcode Pricing Model uses changes in average sales price within the IG3 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 | -19.169 % | £-131,305 | £553,694 |
| 3 Month Average | -4.502 % | £-30,837 | £654,162 |
| 6 Month Average | 16.130 % | £110,493 | £795,493 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Mar 2023 | £572,393 | £567,000 | 82 GOODMAYES LANE |
| 21 Jun 2022 | £659,317 | £650,000 | 50 BROWNLEA GARDENS |
| 28 Jun 2021 | £649,119 | £605,000 | 25 BUDOCH DRIVE |
| 29 Mar 2021 | £534,292 | £480,000 | 39 TRENANCE GARDENS |
| 26 Oct 2020 | £750,773 | £640,000 | 38 TRENANCE GARDENS |
This house has a floor area of 173 sq meters or 1,862 sq feet when measured on 6 Nov 2013. Using an estimated price of £895,110 means this house is valued at £5,174 per sq meter (£480 per sq foot).
The average size of a house on BUDOCH DRIVE is 97 sq meters (1,051 sq feet).