£863,362
This estimated value is based upon the latest sale price for the house of £700,000 on 25 Jul 2019. 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 |
---|---|
£700,000 | 25 Jul 2019 |
£330,000 | 28 May 2004 |
Terraced |
Freehold |
Floor Area: 127 sq meters or 1,367 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 2019 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £700,000 results in an estimated price of approximately £863,362.
25 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 148.6 | 23.337 % | £700,000 | £163,362 | £863,362 |
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 | 31.976 % | £223,835 | £923,835 |
3 Month Average | 18.911 % | £132,374 | £832,374 |
6 Month Average | 11.184 % | £78,286 | £778,286 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Jun 2023 | £744,012 | £735,000 | 51 RIVINGTON AVENUE |
28 Feb 2023 | £439,704 | £440,000 | 79 WESTVIEW DRIVE |
30 Nov 2022 | £197,824 | £200,220 | 50 LECHMERE AVENUE |
12 Aug 2022 | £643,268 | £645,000 | 26 WESTVIEW DRIVE |
7 Dec 2021 | £680,324 | £635,000 | 23 PORTMAN DRIVE |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 1 Feb 2019. Using an estimated price of £863,362 means this house is valued at £6,798 per sq meter (£631 per sq foot).
The average size of a house on WESTVIEW DRIVE is 100 sq meters (1,081 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Rivington Avenue |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Westview Drive |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Westview Drive |