£669,556
This estimated value is based upon the latest sale price for the house of £515,000 on 10 Feb 2017. 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 |
|---|---|
| £515,000 | 10 Feb 2017 |
| £352,000 | 22 Oct 2012 |
| Terraced |
| Freehold |
| Floor Area: 112 sq meters or 1,209 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 February 2017 the House Price Index for GREATER LONDON was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £515,000 results in an estimated price of approximately £669,556.
| 10 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £515,000 | £154,556 | £669,556 |
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 | 29.126 % | £150,000 | £665,000 |
| 3 Month Average | -22.722 % | £-117,019 | £397,980 |
| 6 Month Average | 12.004 % | £61,820 | £576,820 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £620,863 | £610,000 | 164 EASTERN AVENUE |
| 15 Dec 2023 | £651,397 | £640,000 | 154 EASTERN AVENUE |
| 31 Jan 2023 | £305,561 | £307,000 | 36 MARGARET WAY |
| 22 Apr 2022 | £324,387 | £315,000 | 39 MARGARET WAY |
| 29 Nov 2021 | £702,984 | £650,000 | 175 EASTERN AVENUE |
This house has a floor area of 112 sq meters or 1,209 sq feet when measured on 8 Oct 2011. Using an estimated price of £669,557 means this house is valued at £5,956 per sq meter (£553 per sq foot).
The average size of a house on EASTERN AVENUE is 128 sq meters (1,383 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 | Burglary | Investigation complete; no suspect identified | On or near Castle Drive |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Castle Drive |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Castle Drive |