£220,126
This estimated value is based upon the latest sale price for the house of £46,750 on 14 May 1998. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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95 Woodgrange Road, Forest Gate, London, E7 0EP
Phone: 02081284606
Price Paid | Date |
---|---|
£46,750 | 14 May 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 36 sq meters or 388 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 1998 the House Price Index for GREATER LONDON was 31.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 370.858%.Applying this 370.858% change to the original purchase price of £46,750 results in an estimated price of approximately £220,126.
14 May 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.6 | 148.6 | 370.858 % | £46,750 | £173,376 | £220,126 |
The Postcode Pricing Model uses changes in average sales price within the E11 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 | 459.903 % | £215,004 | £261,754 |
3 Month Average | 476.307 % | £222,673 | £269,423 |
6 Month Average | 535.675 % | £250,428 | £297,178 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £486,548 | £480,000 | 21 ALDERS CLOSE |
28 Feb 2023 | £364,755 | £365,000 | 33 ALDERS CLOSE |
1 Jun 2022 | £365,160 | £360,000 | 25 QUEENSWOOD GARDENS |
17 Sep 2021 | £240,303 | £223,000 | 47 ALDERS CLOSE |
10 Sep 2021 | £237,070 | £220,000 | 8 ALDERS CLOSE |
This house has a floor area of 36 sq meters or 388 sq feet when measured on 26 Apr 2011. Using an estimated price of £220,126 means this house is valued at £6,097 per sq meter (£566 per sq foot).
The average size of a house on ALDERS CLOSE is 50 sq meters (538 sq feet).