£681,443
This estimated value is based upon the latest sale price for the house of £450,000 on 15 Aug 2014. 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 |
---|---|
£450,000 | 15 Aug 2014 |
Terraced |
Freehold |
Floor Area: 103 sq meters or 1,108 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 2014 the House Price Index for GREATER LONDON was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £450,000 results in an estimated price of approximately £681,443.
15 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 148.6 | 51.432 % | £450,000 | £231,443 | £681,443 |
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 | -43.040 % | £-193,680 | £256,319 |
3 Month Average | 17.641 % | £79,385 | £529,385 |
6 Month Average | 60.856 % | £273,853 | £723,853 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Dec 2023 | £744,527 | £731,500 | 22 GRANGEWAY GARDENS |
29 Sep 2023 | £428,479 | £423,000 | 33 BERGHOLT AVENUE |
9 Jul 2021 | £810,232 | £705,000 | 27 HIGHCLIFFE GARDENS |
27 Nov 2020 | £724,596 | £625,000 | 33 FALMOUTH GARDENS |
3 Nov 2020 | £782,564 | £675,000 | 18 BERGHOLT AVENUE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 3 Apr 2014. Using an estimated price of £681,443 means this house is valued at £6,615 per sq meter (£614 per sq foot).
The average size of a house on HIGHCLIFFE GARDENS is 131 sq meters (1,414 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near College Gardens |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grangeway Gardens |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ridgeway Gardens |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bergholt Avenue |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Margaret Way |