£884,022
This estimated value is based upon the latest sale price for the house of £840,000 on 10 Jan 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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10 Roding Lane South, Redbridge, IG4 5NX
Phone: 02036411100
| Price Paid | Date |
|---|---|
| £840,000 | 10 Jan 2022 |
| Terraced |
| Freehold |
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 2022 the House Price Index for GREATER LONDON was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £840,000 results in an estimated price of approximately £884,022.
| 10 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £840,000 | £44,022 | £884,022 |
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 | 51.199 % | £430,070 | £1,270,070 |
| 3 Month Average | -15.006 % | £-126,053 | £713,946 |
| 6 Month Average | 38.424 % | £322,762 | £1,162,762 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £962,304 | £950,000 | 52 FOWEY AVENUE |
| 7 Aug 2023 | £605,295 | £600,000 | 42 FOWEY AVENUE |
| 28 Apr 2023 | £303,265 | £300,000 | 31 MIGHELL AVENUE |
| 8 Feb 2023 | £754,492 | £755,000 | 19 FOWEY AVENUE |
| 17 Jan 2022 | £778,782 | £740,000 | 18 FOWEY AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Fowey Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Fowey Avenue |
| Jan 2024 | Anti-social behaviour | On or near Mighell Avenue | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mighell Avenue |
| Jan 2024 | Anti-social behaviour | On or near Mighell Avenue |