£421,312
This estimated value is based upon the latest sale price for the house of £307,000 on 11 Jan 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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High View Parade, 12 Woodford Avenue, Redbridge, Ilford, IG4 5EP
Phone: 02081281512
| Price Paid | Date |
|---|---|
| £307,000 | 11 Jan 2016 |
| £143,000 | 11 Oct 2001 |
| £82,995 | 27 Aug 1998 |
| £71,000 | 29 Sep 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 January 2016 the House Price Index for GREATER LONDON was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £307,000 results in an estimated price of approximately £421,312.
| 11 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £307,000 | £114,312 | £421,312 |
The Postcode Pricing Model uses changes in average sales price within the IG4 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 | -49.988 % | £-153,463 | £153,536 |
| 3 Month Average | -20.316 % | £-62,371 | £244,628 |
| 6 Month Average | 14.101 % | £43,288 | £350,288 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Feb 2022 | £702,625 | £670,000 | 31 GRASMERE GARDENS |
| 25 Oct 2021 | £553,239 | £500,000 | 155 WOODFORD AVENUE |
| 19 Nov 2020 | £402,296 | £347,000 | 22 HEDGELEY WOODFORD AVENUE |
| 16 Mar 2020 | £331,220 | £275,000 | 7A HIGH VIEW PARADE |
| 24 Sep 2019 | £415,327 | £338,500 | 28 HEDGELEY |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 5 Sep 2015. Using an estimated price of £421,313 means this house is valued at £5,933 per sq meter (£551 per sq foot).
The average size of a house on WOODFORD AVENUE is 106 sq meters (1,145 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Woodford Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grasmere Gardens |
| Jan 2024 | Public order | Under investigation | On or near Grasmere Gardens |
| Jan 2024 | Anti-social behaviour | On or near Grasmere Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Grasmere Gardens |