£702,266
This estimated value is based upon the latest sale price for the house of £550,000 on 22 Sep 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
10 Summit Drive, Woodford Green, IG8 8QP
Phone: 02080330419
| Price Paid | Date |
|---|---|
| £550,000 | 22 Sep 2017 |
| £339,000 | 7 Sep 2012 |
| £237,000 | 11 Jul 2003 |
| £177,000 | 17 May 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 September 2017 the House Price Index for GREATER LONDON was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £550,000 results in an estimated price of approximately £702,266.
| 22 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £550,000 | £152,266 | £702,266 |
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 | -7.751 % | £-42,629 | £507,370 |
| 3 Month Average | -1.480 % | £-8,138 | £541,861 |
| 6 Month Average | 1.706 % | £9,385 | £559,385 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £485,707 | £475,000 | 136 RODING LANE NORTH |
| 26 Jan 2023 | £270,723 | £270,000 | 38 HILLINGTON GARDENS |
| 14 Oct 2022 | £497,837 | £499,500 | 154 RODING LANE NORTH |
| 27 Jul 2022 | £791,935 | £784,000 | 4 HILLINGTON GARDENS |
| 28 Jun 2022 | £516,031 | £505,000 | 114 RODING LANE NORTH |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 19 Mar 2018. Using an estimated price of £702,266 means this house is valued at £5,240 per sq meter (£486 per sq foot).
The average size of a house on RODING LANE NORTH is 96 sq meters (1,035 sq feet).