£523,585
This estimated value is based upon the latest sale price for the house of £320,000 on 4 Oct 2013. 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 Portman Drive
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10 Summit Drive, Woodford Green, IG8 8QP
Phone: 02080330419
Price Paid | Date |
---|---|
£320,000 | 4 Oct 2013 |
£95,000 | 27 Mar 1996 |
Terraced |
Freehold |
Floor Area: 116 sq meters or 1,248 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 October 2013 the House Price Index for GREATER LONDON was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £320,000 results in an estimated price of approximately £523,585.
4 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.8 | 148.6 | 63.621 % | £320,000 | £203,585 | £523,585 |
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 | 61.527 % | £196,885 | £516,885 |
3 Month Average | 65.535 % | £209,711 | £529,711 |
6 Month Average | 53.925 % | £172,560 | £492,560 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jun 2023 | £465,640 | £460,000 | 45 PORTMAN DRIVE |
14 Apr 2023 | £419,517 | £415,000 | 178 SOUTHEND ROAD |
25 Nov 2022 | £464,375 | £470,000 | 5 HILLINGTON GARDENS |
27 Jun 2022 | £669,461 | £660,000 | 43 SUMMIT DRIVE |
24 Jun 2022 | £811,468 | £800,000 | 57 HILLINGTON GARDENS |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 7 Jun 2012. Using an estimated price of £523,586 means this house is valued at £4,513 per sq meter (£419 per sq foot).
The average size of a house on PORTMAN DRIVE is 99 sq meters (1,074 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Burglary | Under investigation | On or near Portman Drive |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Southend Road |
Jan 2024 | Burglary | Under investigation | On or near Southend Road |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Southend Road |
Jan 2024 | Burglary | Under investigation | On or near Hillington Gardens |