£787,894
This estimated value is based upon the latest sale price for the house of £730,000 on 20 Dec 2021. 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 |
|---|---|
| £730,000 | 20 Dec 2021 |
| £105,000 | 27 Apr 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 December 2021 the House Price Index for GREATER LONDON was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £730,000 results in an estimated price of approximately £787,894.
| 20 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £730,000 | £57,894 | £787,894 |
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 | 68.351 % | £498,960 | £1,228,960 |
| 3 Month Average | 1.589 % | £11,600 | £741,600 |
| 6 Month Average | 17.624 % | £128,653 | £858,653 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £725,000 | £725,000 | 32 PARKLAND ROAD |
| 22 Apr 2024 | £870,056 | £862,500 | 11 ARUNDEL DRIVE |
| 17 Nov 2023 | £902,920 | £880,000 | 45 INGATESTONE ROAD |
| 10 Feb 2023 | £845,649 | £840,000 | 12 PARKLAND ROAD |
| 7 Sep 2022 | £764,489 | £765,000 | 2 INGATESTONE ROAD |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 13 Aug 2021. Using an estimated price of £787,895 means this house is valued at £6,060 per sq meter (£563 per sq foot).
The average size of a house on PARKLAND ROAD is 124 sq meters (1,339 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fairlawn Drive |
| Jul 2024 | Public order | Under investigation | On or near Warley Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Warley Road |
| 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 |