£836,131
This estimated value is based upon the latest sale price for the house of £645,000 on 26 May 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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13-15 Seven Ways Parade, Woodford Avenue, Gants Hill, IG2 6JX
Phone: 02034783543
| Price Paid | Date |
|---|---|
| £645,000 | 26 May 2017 |
| £135,000 | 5 Dec 1997 |
| Terraced |
| Freehold |
| Floor Area: 149 sq meters or 1,603 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 May 2017 the House Price Index for GREATER LONDON was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £645,000 results in an estimated price of approximately £836,131.
| 26 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £645,000 | £191,131 | £836,131 |
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 | -1.034 % | £-6,666 | £638,333 |
| 3 Month Average | 9.676 % | £62,407 | £707,407 |
| 6 Month Average | 9.469 % | £61,072 | £706,072 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £720,797 | £702,500 | 78 QUEENBOROUGH GARDENS |
| 20 Sep 2023 | £536,834 | £525,000 | 61 QUEENBOROUGH GARDENS |
| 24 Aug 2023 | £763,775 | £750,000 | 94 NORTHWOOD GARDENS |
| 31 Mar 2023 | £441,257 | £433,888 | 57 QUEENBOROUGH GARDENS |
| 23 Feb 2023 | £679,539 | £675,000 | 96 QUEENBOROUGH GARDENS |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 4 May 2017. Using an estimated price of £836,132 means this house is valued at £5,611 per sq meter (£521 per sq foot).
The average size of a house on NORTHWOOD GARDENS is 124 sq meters (1,339 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Northwood Gardens | |
| Oct 2024 | Anti-social behaviour | On or near Northwood Gardens | |
| Oct 2024 | Anti-social behaviour | On or near Northwood Gardens | |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Northwood Gardens |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Northwood Gardens |