£547,843
This estimated value is based upon the latest sale price for the house of £100,000 on 2 Aug 1996. 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 Castle Drive
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10 Roding Lane South, Redbridge, IG4 5NX
Phone: 02036411100
| Price Paid | Date |
|---|---|
| £100,000 | 2 Aug 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 184 sq meters or 1,980 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 1996 the House Price Index for GREATER LONDON was 26.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 447.843%.Applying this 447.843% change to the original purchase price of £100,000 results in an estimated price of approximately £547,843.
| 2 Aug 1996 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.8 | 146.7 | 447.843 % | £100,000 | £447,843 | £547,843 |
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 | 628.903 % | £628,902 | £728,902 |
| 3 Month Average | 257.615 % | £257,614 | £357,614 |
| 6 Month Average | 411.962 % | £411,961 | £511,961 |
This house has a floor area of 184 sq meters or 1,980 sq feet when measured on 26 Oct 2014.
The average size of a house on CASTLE DRIVE is 131 sq meters (1,415 sq feet).
This house is the largest in the street with a floor area of 184 sq meters (1,980 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Local resolution | On or near Castle Drive |
| Jan 2024 | Drugs | Local resolution | On or near Castle Drive |
| Dec 2023 | Drugs | Under investigation | On or near Castle Drive |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Castle Drive |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Castle Drive |