£526,133
This estimated value is based upon the latest sale price for the house of £285,000 on 13 Jun 2005. 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 |
---|---|
£285,000 | 13 Jun 2005 |
Detached |
Freehold |
Floor Area: 170 sq meters or 1,834 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 June 2005 the House Price Index for GREATER LONDON was 80.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.608%.Applying this 84.608% change to the original purchase price of £285,000 results in an estimated price of approximately £526,133.
13 Jun 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.5 | 148.6 | 84.608 % | £285,000 | £241,133 | £526,133 |
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 | 143.128 % | £407,916 | £692,916 |
3 Month Average | 24.712 % | £70,429 | £355,429 |
6 Month Average | 85.791 % | £244,505 | £529,505 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Jul 2022 | £782,105 | £780,000 | 17 WHITNEY AVENUE |
19 Nov 2021 | £605,648 | £560,000 | 6 TORQUAY GARDENS |
4 Nov 2021 | £778,690 | £720,000 | 1 LAKESIDE AVENUE |
30 Jun 2021 | £919,496 | £857,000 | 3 CARSWELL CLOSE |
31 Jan 2020 | £609,857 | £500,000 | 141 FALMOUTH GARDENS |
This house has a floor area of 170 sq meters or 1,834 sq feet when measured on 28 Jun 2010. Using an estimated price of £526,134 means this house is valued at £3,086 per sq meter (£286 per sq foot).
The average size of a house on RODING LANE SOUTH is 114 sq meters (1,227 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Carswell Close |
Dec 2023 | Drugs | Local resolution | On or near Hospital |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Hospital |
Jan 2024 | Vehicle crime | Under investigation | On or near Torquay Gardens |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Leigh Avenue |