£284,529
This estimated value is based upon the latest sale price for the house of £84,000 on 10 Jul 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
First Floor, 107 George Lane, South Woodford, E18 1AN
Phone: 02081284242
Price Paid | Date |
---|---|
£84,000 | 10 Jul 2001 |
Terraced |
Freehold |
Floor Area: 61 sq meters or 657 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 July 2001 the House Price Index for GREATER LONDON was 44.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 238.726%.Applying this 238.726% change to the original purchase price of £84,000 results in an estimated price of approximately £284,529.
10 Jul 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
44.2 | 149.7 | 238.726 % | £84,000 | £200,529 | £284,529 |
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 | 198.118 % | £166,419 | £250,419 |
3 Month Average | 190.518 % | £160,034 | £244,034 |
6 Month Average | 180.505 % | £151,623 | £235,623 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Sep 2023 | £449,918 | £440,000 | FLAT 1 SWANCREST COURT, 100A HORN LANE |
25 Nov 2022 | £420,036 | £422,000 | 4 PINTAIL ROAD |
26 Aug 2022 | £562,631 | £560,000 | 15 PINTAIL ROAD |
15 Jul 2022 | £252,530 | £250,000 | 12 MALLARDS ROAD |
27 Jun 2022 | £288,671 | £282,500 | 10 MALLARDS ROAD |
This house has a floor area of 61 sq meters or 657 sq feet when measured on 3 Nov 2009. Using an estimated price of £284,530 means this house is valued at £4,660 per sq meter (£432 per sq foot).
The average size of a house on SCOTER CLOSE is 80 sq meters (870 sq feet).
This house is the smallest in the street with a floor area of 61 sq meters (657 sq feet).