£614,050
This estimated value is based upon the latest sale price for the house of £118,000 on 30 May 1997. 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 |
|---|---|
| £118,000 | 30 May 1997 |
| Terraced |
| 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 May 1997 the House Price Index for GREATER LONDON was 28.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 420.381%.Applying this 420.381% change to the original purchase price of £118,000 results in an estimated price of approximately £614,050.
| 30 May 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.8 | 149.7 | 420.381 % | £118,000 | £496,050 | £614,050 |
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 | 443.424 % | £523,240 | £641,240 |
| 3 Month Average | 387.254 % | £456,959 | £574,959 |
| 6 Month Average | 414.344 % | £488,925 | £606,925 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £725,000 | £725,000 | 32 PARKLAND ROAD |
| 17 Nov 2023 | £902,920 | £880,000 | 45 INGATESTONE ROAD |
| 16 Aug 2023 | £356,429 | £350,000 | 9 BLENHEIM COURT, 72 HORN LANE |
| 20 Jun 2023 | £658,190 | £645,000 | 80 HORN LANE |
| 10 Feb 2023 | £845,649 | £840,000 | 12 PARKLAND ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Blenheim Court |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Blenheim Court |
| 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 |