£677,441
This estimated value is based upon the latest sale price for the house of £455,000 on 16 Feb 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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First Floor, 107 George Lane, South Woodford, E18 1AN
Phone: 02081284242
Price Paid | Date |
---|---|
£455,000 | 16 Feb 2015 |
Semi-Detached |
Freehold |
Floor Area: 108 sq meters or 1,162 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 February 2015 the House Price Index for GREATER LONDON was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £455,000 results in an estimated price of approximately £677,441.
16 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 149.7 | 48.888 % | £455,000 | £222,441 | £677,441 |
The Postcode Pricing Model uses changes in average sales price within the E18 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 | 29.765 % | £135,430 | £590,430 |
3 Month Average | 30.767 % | £139,989 | £594,989 |
6 Month Average | 28.846 % | £131,248 | £586,248 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £348,855 | £340,000 | 12 MARQUESS HEIGHTS QUEEN MARY AVENUE |
27 Sep 2023 | £380,897 | £372,500 | 3 MARQUESS HEIGHTS QUEEN MARY AVENUE |
25 Apr 2022 | £1,400,520 | £1,350,000 | 37 EASTWOOD ROAD |
14 Apr 2022 | £685,736 | £661,000 | 9 ELMHURST DRIVE |
30 Oct 2020 | £732,695 | £620,000 | 26 ELMHURST DRIVE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 19 Feb 2016. Using an estimated price of £677,441 means this house is valued at £6,272 per sq meter (£582 per sq foot).
The average size of a house on ELMHURST DRIVE is 122 sq meters (1,322 sq feet).