£1,937,163
This estimated value is based upon the latest sale price for the house of £1,490,000 on 22 Feb 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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114 George Lane, South Woodford, London, E18 1AD
Phone: 02080224282
| Price Paid | Date |
|---|---|
| £1,490,000 | 22 Feb 2017 |
| £800,000 | 22 Feb 2017 |
| £125,000 | 22 Jun 2006 |
| £166,000 | 15 Nov 2004 |
| Freehold |
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 2017 the House Price Index for GREATER LONDON was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £1,490,000 results in an estimated price of approximately £1,937,163.
| 22 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £1,490,000 | £447,163 | £1,937,163 |
The Postcode Pricing Model uses changes in average sales price within the E18 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 | 26.555 % | £395,662 | £1,885,662 |
| 3 Month Average | 48.471 % | £722,223 | £2,212,223 |
| 6 Month Average | 23.790 % | £354,470 | £1,844,470 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £306,869 | £301,500 | 19 ALVESTON SQUARE |
| 8 Sep 2023 | £182,331 | £180,000 | FLAT 13 ULLSWATER COURT, 1 GLEBELANDS AVENUE |
| 4 Sep 2023 | £177,267 | £175,000 | FLAT 29 ULLSWATER COURT, 1 GLEBELANDS AVENUE |
| 21 Apr 2023 | £808,708 | £800,000 | 110 GEORGE LANE |
| 31 Mar 2023 | £237,235 | £235,000 | FLAT 11 ULLSWATER COURT, 1 GLEBELANDS AVENUE |