£1,292,039
This estimated value is based upon the latest sale price for the house of £983,000 on 22 Aug 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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114 George Lane, South Woodford, London, E18 1AD
Phone: 02080224282
| Price Paid | Date |
|---|---|
| £983,000 | 22 Aug 2016 |
| £613,000 | 4 Feb 2011 |
| £485,000 | 8 Aug 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 172 sq meters or 1,854 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 August 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.438%.Applying this 31.438% change to the original purchase price of £983,000 results in an estimated price of approximately £1,292,039.
| 22 Aug 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.438 % | £983,000 | £309,039 | £1,292,039 |
The Postcode Pricing Model uses changes in average sales price within the E18 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 | -30.350 % | £-298,337 | £684,662 |
| 3 Month Average | 3.208 % | £31,531 | £1,014,531 |
| 6 Month Average | 2.233 % | £21,952 | £1,004,952 |
This house has a floor area of 172 sq meters or 1,854 sq feet when measured on 5 May 2010.
The average size of a house on LANSDOWNE ROAD is 117 sq meters (1,266 sq feet).