£349,992
This estimated value is based upon the latest sale price for the house of £280,000 on 24 Jan 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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411 - 413 High Road, Woodford Green, IG8 0XG
Phone: 02034630153
| Price Paid | Date |
|---|---|
| £280,000 | 24 Jan 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 January 2018 the House Price Index for GREATER LONDON was 118.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.997%.Applying this 24.997% change to the original purchase price of £280,000 results in an estimated price of approximately £349,992.
| 24 Jan 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.0 | 24.997 % | £280,000 | £69,992 | £349,992 |
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 | -5.853 % | £-16,389 | £263,610 |
| 3 Month Average | 21.146 % | £59,208 | £339,208 |
| 6 Month Average | 12.589 % | £35,248 | £315,248 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £574,880 | £567,500 | 50 CHINGFORD LANE |
| 26 Aug 2022 | £299,477 | £301,500 | 4 BIRCHES LODGE, 8 - 10 MONTALT ROAD |
| 18 Mar 2022 | £539,777 | £523,000 | 42 BEECHWOOD DRIVE |
| 18 Mar 2022 | £407,469 | £394,804 | 127 CHINGFORD LANE |
| 27 Sep 2021 | £552,719 | £515,000 | 2 ELM GROVE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 9 Jan 2017. Using an estimated price of £349,992 means this house is valued at £7,291 per sq meter (£677 per sq foot).
The average size of a house on WOOD LANE is 89 sq meters (960 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (516 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wood Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wood Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wood Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wood Lane |
| Mar 2024 | Anti-social behaviour | On or near Wood Lane |