£289,672
This estimated value is based upon the latest sale price for the house of £170,000 on 20 Dec 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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10 Summit Drive, Woodford Green, IG8 8QP
Phone: 02080330419
| Price Paid | Date |
|---|---|
| £170,000 | 20 Dec 2012 |
| £46,750 | 26 Jan 1995 |
| Semi-Detached |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 December 2012 the House Price Index for GREATER LONDON was 87.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.396%.Applying this 70.396% change to the original purchase price of £170,000 results in an estimated price of approximately £289,672.
| 20 Dec 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 149.7 | 70.396 % | £170,000 | £119,672 | £289,672 |
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 | 94.302 % | £160,313 | £330,313 |
| 3 Month Average | 83.792 % | £142,445 | £312,445 |
| 6 Month Average | 73.969 % | £125,747 | £295,747 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £8,095,497 | £7,890,000 | JEWSON LTD WOODFORD AVENUE |
| 10 Nov 2023 | £131,847 | £128,500 | 22 WINNINGALES COURT |
| 30 Oct 2023 | £639,525 | £625,000 | 33 HILLINGTON GARDENS |
| 23 Jun 2023 | £469,407 | £460,000 | 45 PORTMAN DRIVE |
| 20 Apr 2023 | £23,616,730 | £23,175,000 | UNIT 1-3 ANDERSON ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 4 Sep 2019. Using an estimated price of £289,673 means this house is valued at £5,364 per sq meter (£498 per sq foot).
The average size of a house on RODING LANE NORTH is 96 sq meters (1,035 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Southend Road |
| Nov 2024 | Other theft | Investigation complete; no suspect identified | On or near Southend Road |
| Nov 2024 | Anti-social behaviour | On or near Southend Road | |
| Nov 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Southend Road |
| Nov 2024 | Other theft | Under investigation | On or near Southend Road |