£633,706
This estimated value is based upon the latest sale price for the house of £515,000 on 28 Jun 2019. 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 |
|---|---|
| £515,000 | 28 Jun 2019 |
| £139,000 | 11 Jun 1997 |
| Terraced |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.050%.Applying this 23.050% change to the original purchase price of £515,000 results in an estimated price of approximately £633,706.
| 28 Jun 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.050 % | £515,000 | £118,706 | £633,706 |
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 | -54.515 % | £-280,754 | £234,245 |
| 3 Month Average | -18.461 % | £-95,074 | £419,925 |
| 6 Month Average | 14.152 % | £72,883 | £587,883 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £719,614 | £706,000 | 5 MERRIVALE AVENUE |
| 28 Apr 2023 | £302,246 | £300,000 | 31 MIGHELL AVENUE |
| 8 Jul 2022 | £684,076 | £685,000 | 22 PEAKETON AVENUE |
| 26 Jan 2022 | £649,858 | £620,000 | 8 PEAKETON AVENUE |
| 3 Dec 2021 | £608,219 | £570,000 | 26 PEAKETON AVENUE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 11 Apr 2019. Using an estimated price of £633,707 means this house is valued at £5,510 per sq meter (£511 per sq foot).
The average size of a house on PEAKETON AVENUE is 116 sq meters (1,249 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Peaketon Avenue |
| Apr 2024 | Other theft | Under investigation | On or near Mighell Avenue |
| Apr 2024 | Anti-social behaviour | On or near Mighell Avenue | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Mighell Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Mighell Avenue |