£1,127,346
This estimated value is based upon the latest sale price for the house of £1,075,000 on 25 Feb 2022. 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 |
---|---|
£1,075,000 | 25 Feb 2022 |
£790,000 | 30 Aug 2017 |
£533,000 | 26 Jun 2007 |
Detached |
Freehold |
Floor Area: 156 sq meters or 1,679 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 2022 the House Price Index for GREATER LONDON was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £1,075,000 results in an estimated price of approximately £1,127,346.
25 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 148.6 | 4.869 % | £1,075,000 | £52,346 | £1,127,346 |
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 | 4.018 % | £43,197 | £1,118,197 |
3 Month Average | 0.774 % | £8,317 | £1,083,317 |
6 Month Average | 2.433 % | £26,153 | £1,101,153 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £662,813 | £653,000 | 54 NEWLANDS ROAD |
15 Nov 2022 | £1,100,668 | £1,114,000 | 2 KENDAL CLOSE |
8 Sep 2022 | £421,595 | £425,000 | 42 THE PINES |
18 May 2022 | £687,963 | £675,000 | 22 NEWLANDS ROAD |
5 May 2022 | £958,052 | £940,000 | 125 WHITEHALL ROAD |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 4 Nov 2021. Using an estimated price of £1,127,347 means this house is valued at £7,226 per sq meter (£671 per sq foot).
The average size of a house on NEWLANDS ROAD is 123 sq meters (1,334 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Under investigation | On or near Whitehall Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Pines |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Forest Court |