£728,493
This estimated value is based upon the latest sale price for the house of £585,000 on 24 May 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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23 Electric Parade, George Lane, South Woodford, E18 2LY
Phone: 02080332383
Price Paid | Date |
---|---|
£585,000 | 24 May 2019 |
£450,000 | 25 Mar 2008 |
Leasehold |
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 May 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £585,000 results in an estimated price of approximately £728,493.
24 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 149.7 | 24.529 % | £585,000 | £143,493 | £728,493 |
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 | 13.769 % | £80,548 | £665,548 |
3 Month Average | 14.386 % | £84,156 | £669,156 |
6 Month Average | 14.151 % | £82,782 | £667,782 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
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 |
17 Feb 2020 | £335,253 | £272,000 | 2 JUBILEE COURT QUEEN MARY AVENUE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 13 Oct 2016. Using an estimated price of £728,493 means this house is valued at £6,745 per sq meter (£626 per sq foot).
The average size of a house on QUEEN MARY AVENUE is 64 sq meters (699 sq feet).