£555,931
This estimated value is based upon the latest sale price for the house of £305,000 on 30 Jul 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Castle Drive
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10 Roding Lane South, Redbridge, IG4 5NX
Phone: 02036411100
| Price Paid | Date |
|---|---|
| £305,000 | 30 Jul 2009 |
| £165,000 | 31 Aug 2000 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,125 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 July 2009 the House Price Index for GREATER LONDON was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.273%.Applying this 82.273% change to the original purchase price of £305,000 results in an estimated price of approximately £555,931.
| 30 Jul 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.6 | 82.273 % | £305,000 | £250,931 | £555,931 |
The Postcode Pricing Model uses changes in average sales price within the IG4 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 | 189.183 % | £577,008 | £882,008 |
| 3 Month Average | 52.834 % | £161,145 | £466,145 |
| 6 Month Average | 100.036 % | £305,110 | £610,110 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £651,397 | £640,000 | 154 EASTERN AVENUE |
| 15 Dec 2023 | £620,863 | £610,000 | 164 EASTERN AVENUE |
| 22 Apr 2022 | £324,387 | £315,000 | 39 MARGARET WAY |
| 29 Nov 2021 | £702,984 | £650,000 | 175 EASTERN AVENUE |
| 19 Jun 2020 | £391,158 | £323,000 | 47 MARGARET WAY |
This house has a floor area of 104 sq meters or 1,125 sq feet when measured on 13 May 2009. Using an estimated price of £555,932 means this house is valued at £5,314 per sq meter (£493 per sq foot).
The average size of a house on CASTLE DRIVE is 131 sq meters (1,415 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Local resolution | On or near Castle Drive |
| Jan 2024 | Drugs | Local resolution | On or near Castle Drive |
| Dec 2023 | Drugs | Under investigation | On or near Castle Drive |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Castle Drive |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Castle Drive |