£233,934
This estimated value is based upon the latest sale price for the house of £125,000 on 28 Feb 2005. 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 |
|---|---|
| £125,000 | 28 Feb 2005 |
| £39,500 | 3 May 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 706 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 February 2005 the House Price Index for GREATER LONDON was 79.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 87.147%.Applying this 87.147% change to the original purchase price of £125,000 results in an estimated price of approximately £233,934.
| 28 Feb 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.4 | 148.6 | 87.147 % | £125,000 | £108,934 | £233,934 |
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 | 190.241 % | £237,801 | £362,801 |
| 3 Month Average | 49.056 % | £61,320 | £186,320 |
| 6 Month Average | 83.126 % | £103,907 | £228,907 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £324,809 | £320,000 | 2 STUDLEY DRIVE |
| 22 Nov 2023 | £5,075 | £5,000 | LAND ADJACENT TO 2A STUDLEY DRIVE |
| 11 Jan 2023 | £166,217 | £167,000 | 24 REDBRIDGE COURT REDBRIDGE LANE EAST |
| 9 Nov 2021 | £9,463,246 | £8,750,000 | THE RED HOUSE REDBRIDGE LANE EAST |
| 28 Sep 2021 | £210,131 | £195,000 | 27 REDBRIDGE COURT REDBRIDGE LANE EAST |
This house has a floor area of 65 sq meters or 706 sq feet when measured on 28 Dec 2009. Using an estimated price of £233,934 means this house is valued at £3,562 per sq meter (£330 per sq foot).
The average size of a house on REDBRIDGE LANE EAST is 100 sq meters (1,077 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | On or near Redbridge (Lu Station) | |
| Mar 2024 | Criminal damage and arson | On or near Redbridge (Lu Station) | |
| Mar 2024 | Public order | On or near Redbridge (Lu Station) | |
| Mar 2024 | Vehicle crime | On or near Redbridge (Lu Station) | |
| Mar 2024 | Theft from the person | On or near Redbridge (Lu Station) |