£871,087
This estimated value is based upon the latest sale price for the house of £690,000 on 28 Mar 2018. 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 |
---|---|
£690,000 | 28 Mar 2018 |
Detached |
Freehold |
Floor Area: 99 sq meters or 1,065 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 March 2018 the House Price Index for GREATER LONDON was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £690,000 results in an estimated price of approximately £871,087.
28 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 149.7 | 26.245 % | £690,000 | £181,087 | £871,087 |
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 | 8.223 % | £56,737 | £746,737 |
3 Month Average | 9.608 % | £66,296 | £756,296 |
6 Month Average | 14.441 % | £99,642 | £789,642 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £670,008 | £653,000 | 54 NEWLANDS ROAD |
2 Nov 2023 | £769,534 | £750,000 | FLAT 23 ETON HEIGHTS, 145 WHITEHALL ROAD |
15 Nov 2022 | £1,108,815 | £1,114,000 | 2 KENDAL CLOSE |
8 Sep 2022 | £424,716 | £425,000 | 42 THE PINES |
18 May 2022 | £693,056 | £675,000 | 22 NEWLANDS ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 8 Nov 2017. Using an estimated price of £871,088 means this house is valued at £8,798 per sq meter (£817 per sq foot).
The average size of a house on NEWLANDS ROAD is 123 sq meters (1,334 sq feet).