£1,531,670
This estimated value is based upon the latest sale price for the house of £1,350,000 on 26 Jul 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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457 High Road, Woodford Green, IG8 0XE
Phone: 02036417910
| Price Paid | Date |
|---|---|
| £1,350,000 | 26 Jul 2021 |
| £1,200,000 | 23 Oct 2013 |
| £1,650,000 | 2 May 2006 |
| Detached |
| Freehold |
| Floor Area: 275 sq meters or 2,960 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 July 2021 the House Price Index for GREATER LONDON was 129.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 13.457%.Applying this 13.457% change to the original purchase price of £1,350,000 results in an estimated price of approximately £1,531,670.
| 26 Jul 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 146.7 | 13.457 % | £1,350,000 | £181,670 | £1,531,670 |
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 | -23.555 % | £-317,987 | £1,032,012 |
| 3 Month Average | 29.013 % | £391,678 | £1,741,678 |
| 6 Month Average | 16.973 % | £229,129 | £1,579,129 |
This house has a floor area of 275 sq meters or 2,960 sq feet when measured on 18 Feb 2011.
The average size of a house on WELLS GATE CLOSE is 357 sq meters (3,848 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Wells Gate Close |