£493,291
This estimated value is based upon the latest sale price for the house of £305,000 on 9 Mar 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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102 Goodmayes Road, Goodmayes, IG3 9UZ
Phone: 02036415642
Price Paid | Date |
---|---|
£305,000 | 9 Mar 2007 |
Detached |
Freehold |
Floor Area: 175 sq meters or 1,883 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 March 2007 the House Price Index for GREATER LONDON was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.735%.Applying this 61.735% change to the original purchase price of £305,000 results in an estimated price of approximately £493,291.
9 Mar 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.9 | 148.6 | 61.735 % | £305,000 | £188,291 | £493,291 |
The Postcode Pricing Model uses changes in average sales price within the IG3 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 | 69.538 % | £212,090 | £517,090 |
3 Month Average | 53.594 % | £163,461 | £468,461 |
6 Month Average | 70.792 % | £215,914 | £520,914 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Mar 2023 | £572,393 | £567,000 | 82 GOODMAYES LANE |
24 Feb 2022 | £283,148 | £270,000 | 20 POOLES COURT GOODMAYES LANE |
28 Jun 2021 | £649,119 | £605,000 | 25 BUDOCH DRIVE |
29 Mar 2021 | £534,292 | £480,000 | 39 TRENANCE GARDENS |
26 Oct 2020 | £750,773 | £640,000 | 38 TRENANCE GARDENS |
This house has a floor area of 175 sq meters or 1,883 sq feet when measured on 31 Jan 2017. Using an estimated price of £493,291 means this house is valued at £2,818 per sq meter (£261 per sq foot).
The average size of a house on GOODMAYES LANE is 114 sq meters (1,230 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Budoch Drive |
Dec 2023 | Anti-social behaviour | On or near Goodmayes Lane | |
Dec 2023 | Anti-social behaviour | On or near Goodmayes Lane | |
Dec 2023 | Anti-social behaviour | On or near Goodmayes Lane | |
Dec 2023 | Anti-social behaviour | On or near Goodmayes Lane |