£698,001
This estimated value is based upon the latest sale price for the house of £565,000 on 7 Oct 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 |
|---|---|
| £565,000 | 7 Oct 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 October 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £565,000 results in an estimated price of approximately £698,001.
| 7 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £565,000 | £133,001 | £698,001 |
The Postcode Pricing Model uses changes in average sales price within the IG5 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 | 43.415 % | £245,293 | £810,293 |
| 3 Month Average | 1.552 % | £8,770 | £573,770 |
| 6 Month Average | 6.409 % | £36,209 | £601,209 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £177,037 | £175,500 | 56 AVENUE COURT CLAYBURY BROADWAY |
| 22 Mar 2024 | £304,681 | £300,000 | 5 LANSDOWNE COURT CLAYBURY BROADWAY |
| 30 Mar 2023 | £345,774 | £340,000 | 25 LANSDOWNE COURT CLAYBURY BROADWAY |
| 16 May 2022 | £728,992 | £710,000 | 46A MARLANDS ROAD |
| 20 Apr 2022 | £292,553 | £282,000 | 64 AVENUE COURT CLAYBURY BROADWAY |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 22 Oct 2018. Using an estimated price of £698,001 means this house is valued at £5,674 per sq meter (£527 per sq foot).
The average size of a house on MARLANDS ROAD is 123 sq meters (1,331 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marlands Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heatherley Drive |
| Aug 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Heatherley Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heatherley Drive |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Heatherley Drive |