£566,382
This estimated value is based upon the latest sale price for the house of £308,000 on 24 Feb 2009. 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 |
|---|---|
| £308,000 | 24 Feb 2009 |
| 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 February 2009 the House Price Index for GREATER LONDON was 80.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 83.891%.Applying this 83.891% change to the original purchase price of £308,000 results in an estimated price of approximately £566,382.
| 24 Feb 2009 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 148.0 | 83.891 % | £308,000 | £258,382 | £566,382 |
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 | 32.367 % | £99,689 | £407,689 |
| 3 Month Average | 82.579 % | £254,342 | £562,342 |
| 6 Month Average | 99.624 % | £306,842 | £614,842 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £329,733 | £325,500 | 10 AVONDALE COURT |
| 24 Aug 2022 | £938,658 | £945,000 | 36 CHURCHFIELDS |
| 30 Jun 2022 | £347,522 | £344,000 | 28 AVONDALE COURT |
| 18 May 2022 | £329,904 | £325,000 | FLAT 5 ELMWOOD, 34 CHURCHFIELDS |
| 16 Dec 2021 | £739,466 | £693,000 | 9 SOMERSET CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Darnley Road |
| Feb 2024 | Vehicle crime | Under investigation | On or near Somerset Close |