£464,808
This estimated value is based upon the latest sale price for the house of £380,000 on 4 May 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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10 Summit Drive, Woodford Green, IG8 8QP
Phone: 02080330419
Price Paid | Date |
---|---|
£380,000 | 4 May 2020 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £380,000 results in an estimated price of approximately £464,808.
4 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.6 | 22.318 % | £380,000 | £84,808 | £464,808 |
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 | 598.428 % | £2,274,028 | £2,654,028 |
3 Month Average | 28.934 % | £109,951 | £489,951 |
6 Month Average | 20.224 % | £76,850 | £456,850 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £570,445 | £562,000 | 122 WANSFORD ROAD |
16 Jun 2023 | £409,966 | £405,000 | 233 CHIGWELL ROAD |
22 Mar 2023 | £211,997 | £210,000 | FLAT 266 SUNSET COURT NAVESTOCK CRESCENT |
7 Feb 2023 | £214,855 | £215,000 | FLAT 90 BLENHEIM COURT NAVESTOCK CRESCENT |
3 Feb 2023 | £624,580 | £625,000 | 68 WANSFORD ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 24 Sep 2019. Using an estimated price of £464,809 means this house is valued at £6,455 per sq meter (£599 per sq foot).
The average size of a house on WANSFORD ROAD is 92 sq meters (993 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
Jan 2024 | Anti-social behaviour | On or near Wansford Road | |
Jan 2024 | Anti-social behaviour | On or near Wansford Road | |
Jan 2024 | Anti-social behaviour | On or near Wansford Road | |
Dec 2023 | Anti-social behaviour | On or near Wansford Road |