£371,003
This estimated value is based upon the latest sale price for the house of £300,000 on 5 Apr 2019. 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 |
|---|---|
| £300,000 | 5 Apr 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 April 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £300,000 results in an estimated price of approximately £371,003.
| 5 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £300,000 | £71,003 | £371,003 |
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 | -47.825 % | £-143,475 | £156,524 |
| 3 Month Average | -11.453 % | £-34,360 | £265,639 |
| 6 Month Average | 2.175 % | £6,525 | £306,525 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2022 | £513,777 | £520,000 | 6 GOSFORD GARDENS |
| 25 Oct 2021 | £553,239 | £500,000 | 155 WOODFORD AVENUE |
| 30 Jun 2021 | £668,432 | £623,000 | 9 GOSFORD GARDENS |
| 19 Nov 2020 | £402,296 | £347,000 | 22 HEDGELEY WOODFORD AVENUE |
| 16 Mar 2020 | £331,220 | £275,000 | 7A HIGH VIEW PARADE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 17 Oct 2018. Using an estimated price of £371,004 means this house is valued at £5,082 per sq meter (£472 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 | Anti-social behaviour | 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 | |
| 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 |