£468,160
This estimated value is based upon the latest sale price for the house of £375,000 on 23 Jul 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
23 Electric Parade, George Lane, South Woodford, E18 2LY
Phone: 02080332383
| Price Paid | Date |
|---|---|
| £375,000 | 23 Jul 2018 |
| £288,275 | 2 Jun 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 2018 the House Price Index for GREATER LONDON was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £375,000 results in an estimated price of approximately £468,160.
| 23 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £375,000 | £93,160 | £468,160 |
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 | -16.290 % | £-61,088 | £313,911 |
| 3 Month Average | 24.354 % | £91,326 | £466,326 |
| 6 Month Average | 11.842 % | £44,406 | £419,406 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jul 2022 | £363,644 | £360,000 | 6 LADY ANNE COURT QUEEN MARY AVENUE |
| 12 Jul 2022 | £426,271 | £422,000 | 20 LYNDON HOUSE QUEEN MARY AVENUE |
| 25 Apr 2022 | £319,526 | £308,000 | 21 JUBILEE COURT QUEEN MARY AVENUE |
| 25 Mar 2022 | £448,891 | £430,000 | 29 JUBILEE COURT QUEEN MARY AVENUE |
| 17 Mar 2022 | £440,018 | £421,500 | 13 KINGSWOOD HEIGHTS QUEEN MARY AVENUE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 19 May 2021. Using an estimated price of £468,161 means this house is valued at £7,202 per sq meter (£669 per sq foot).
The average size of a house on QUEEN MARY AVENUE is 64 sq meters (699 sq feet).