£541,918
This estimated value is based upon the latest sale price for the house of £242,000 on 31 Oct 2003. 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 |
|---|---|
| £242,000 | 31 Oct 2003 |
| £114,000 | 29 Jul 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 2003 the House Price Index for GREATER LONDON was 66.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 123.933%.Applying this 123.933% change to the original purchase price of £242,000 results in an estimated price of approximately £541,918.
| 31 Oct 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 148.6 | 123.933 % | £242,000 | £299,918 | £541,918 |
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 | 146.755 % | £355,147 | £597,147 |
| 3 Month Average | 31.133 % | £75,342 | £317,342 |
| 6 Month Average | 94.282 % | £228,163 | £470,163 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £861,009 | £850,000 | 2 COBBETTS AVENUE |
| 8 Jul 2022 | £686,849 | £685,000 | 22 PEAKETON AVENUE |
| 12 May 2022 | £794,979 | £780,000 | 46 RODING LANE SOUTH |
| 26 Jan 2022 | £652,493 | £620,000 | 8 PEAKETON AVENUE |
| 16 Dec 2021 | £664,254 | £620,000 | 32 LEIGH AVENUE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 29 Oct 2013. Using an estimated price of £541,919 means this house is valued at £5,017 per sq meter (£466 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 |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mighell Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mighell Avenue |
| Jan 2024 | Anti-social behaviour | On or near Mighell Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Mighell Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Mighell Avenue |