£309,372
This estimated value is based upon the latest sale price for the house of £305,000 on 17 Jun 2022. 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 Studley Drive
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10 Roding Lane South, Redbridge, IG4 5NX
Phone: 02036411100
| Price Paid | Date |
|---|---|
| £305,000 | 17 Jun 2022 |
| £170,000 | 12 Jun 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 82 sq meters or 882 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 2022 the House Price Index for GREATER LONDON was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £305,000 results in an estimated price of approximately £309,372.
| 17 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.6 | 1.433 % | £305,000 | £4,372 | £309,372 |
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 | 121.667 % | £371,083 | £676,083 |
| 3 Month Average | -19.524 % | £-59,549 | £245,450 |
| 6 Month Average | 1.578 % | £4,813 | £309,813 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £5,075 | £5,000 | LAND ADJACENT TO 2A STUDLEY DRIVE |
| 22 Nov 2023 | £324,809 | £320,000 | 2 STUDLEY DRIVE |
| 22 Sep 2023 | £303,885 | £300,000 | 10 STUDLEY COURT STUDLEY DRIVE |
| 20 Jun 2023 | £592,173 | £585,000 | 187 EASTERN AVENUE |
| 17 Jun 2022 | £309,372 | £305,000 | 2 STUDLEY COURT STUDLEY DRIVE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 25 Aug 2021. Using an estimated price of £309,372 means this house is valued at £3,772 per sq meter (£350 per sq foot).
The average size of a house on STUDLEY DRIVE is 98 sq meters (1,059 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Studley Drive |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Studley Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Evanston Gardens |
| Jan 2024 | Burglary | Under investigation | On or near Evanston Gardens |
| Jan 2024 | Vehicle crime | Under investigation | On or near Evanston Gardens |