£593,537
This estimated value is based upon the latest sale price for the house of £495,000 on 20 Aug 2020. 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 |
|---|---|
| £495,000 | 20 Aug 2020 |
| £200,000 | 30 Aug 2002 |
| £175,000 | 27 Jul 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 2020 the House Price Index for GREATER LONDON was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £495,000 results in an estimated price of approximately £593,537.
| 20 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £495,000 | £98,537 | £593,537 |
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 | -30.842 % | £-152,666 | £342,333 |
| 3 Month Average | 0.416 % | £2,057 | £497,057 |
| 6 Month Average | 10.116 % | £50,075 | £545,075 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £465,640 | £460,000 | 45 PORTMAN DRIVE |
| 14 Apr 2023 | £419,517 | £415,000 | 178 SOUTHEND ROAD |
| 14 Mar 2023 | £656,182 | £650,000 | UNIT 18 BOURNE COURT UNITY TRADING ESTATE |
| 20 May 2022 | £1,864,125 | £1,829,000 | UNIT 5-7 GILBERT HOUSE, 406 RODING LANE SOUTH |
| 20 Apr 2022 | £540,645 | £525,000 | 192 RODING LANE NORTH |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 6 Dec 2016. Using an estimated price of £593,538 means this house is valued at £5,935 per sq meter (£551 per sq foot).
The average size of a house on SOUTHEND ROAD is 106 sq meters (1,145 sq feet).