£580,176
This estimated value is based upon the latest sale price for the house of £340,000 on 16 Aug 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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85 Main Road, Gidea Park, RM2 5EL
Phone: 01708954047
| Price Paid | Date |
|---|---|
| £340,000 | 16 Aug 2011 |
| £322,000 | 3 Aug 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 945 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 August 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.640%.Applying this 70.640% change to the original purchase price of £340,000 results in an estimated price of approximately £580,176.
| 16 Aug 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 146.7 | 70.640 % | £340,000 | £240,176 | £580,176 |
The Postcode Pricing Model uses changes in average sales price within the RM2 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 | 68.509 % | £232,932 | £572,932 |
| 3 Month Average | 69.928 % | £237,755 | £577,755 |
| 6 Month Average | 66.629 % | £226,538 | £566,538 |
This house has a floor area of 87 sq meters or 945 sq feet when measured on 8 Dec 2010.
The average size of a house on LODGE AVENUE is 100 sq meters (1,078 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Local resolution | On or near Lodge Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lodge Avenue |
| Dec 2023 | Anti-social behaviour | On or near Lodge Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Lodge Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Lodge Avenue |