£819,536
This estimated value is based upon the latest sale price for the house of £235,000 on 27 Apr 2001. 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 |
|---|---|
| £235,000 | 27 Apr 2001 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,117 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 2001 the House Price Index for GREATER LONDON was 42.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 248.739%.Applying this 248.739% change to the original purchase price of £235,000 results in an estimated price of approximately £819,536.
| 27 Apr 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.9 | 149.7 | 248.739 % | £235,000 | £584,536 | £819,536 |
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 | 207.069 % | £486,611 | £721,611 |
| 3 Month Average | 208.067 % | £488,956 | £723,956 |
| 6 Month Average | 216.755 % | £509,373 | £744,373 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2024 | £350,000 | £350,000 | 3A VALLEY COURT, 38 CAVENDISH AVENUE |
| 13 Sep 2024 | £350,000 | £350,000 | 16 VALLEY COURT, 38 CAVENDISH AVENUE |
| 13 Sep 2024 | £350,000 | £350,000 | 4A VALLEY COURT, 38 CAVENDISH AVENUE |
| 25 Sep 2023 | £495,932 | £485,000 | 6 SHENFIELD ROAD |
| 3 Aug 2023 | £794,326 | £780,000 | 2 WARLEY ROAD |
This house has a floor area of 103 sq meters or 1,117 sq feet when measured on 3 Mar 2011. Using an estimated price of £819,537 means this house is valued at £7,895 per sq meter (£733 per sq foot).
The average size of a house on SHENFIELD ROAD is 132 sq meters (1,423 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Eagle Terrace |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Eagle Terrace |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Eagle Terrace |
| Nov 2024 | Anti-social behaviour | On or near Warley Road | |
| Nov 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Landscape Road |