£489,153
This estimated value is based upon the latest sale price for the house of £371,000 on 16 Jun 2016. 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 |
|---|---|
| £371,000 | 16 Jun 2016 |
| £325,000 | 31 Mar 2016 |
| £310,000 | 31 Mar 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 June 2016 the House Price Index for GREATER LONDON was 111.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.847%.Applying this 31.847% change to the original purchase price of £371,000 results in an estimated price of approximately £489,153.
| 16 Jun 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 146.7 | 31.847 % | £371,000 | £118,153 | £489,153 |
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 | 21.936 % | £81,380 | £452,380 |
| 3 Month Average | 35.296 % | £130,947 | £501,947 |
| 6 Month Average | 25.968 % | £96,342 | £467,342 |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 17 Oct 2019.
The average size of a house on CHIGWELL ROAD is 78 sq meters (848 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near M11 |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Robbery | Under investigation | On or near Waverley Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Waverley Road |
| Dec 2023 | Possession of weapons | Awaiting court outcome | On or near Waverley Road |