£502,125
This estimated value is based upon the latest sale price for the house of £212,000 on 17 May 2003. 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 |
|---|---|
| £212,000 | 17 May 2003 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 May 2003 the House Price Index for GREATER LONDON was 62.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 136.852%.Applying this 136.852% change to the original purchase price of £212,000 results in an estimated price of approximately £502,125.
| 17 May 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 148.6 | 136.852 % | £212,000 | £290,125 | £502,125 |
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 | 63.102 % | £133,776 | £345,776 |
| 3 Month Average | 119.131 % | £252,557 | £464,557 |
| 6 Month Average | 138.025 % | £292,612 | £504,612 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2023 | £553,707 | £547,000 | 52 KENSINGTON DRIVE |
| 27 Jan 2023 | £721,601 | £725,000 | 51 SUMMIT DRIVE |
| 25 Nov 2022 | £464,375 | £470,000 | 5 HILLINGTON GARDENS |
| 19 Aug 2022 | £623,322 | £625,000 | 36 SUMMIT DRIVE |
| 27 Jun 2022 | £669,461 | £660,000 | 43 SUMMIT DRIVE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 21 May 2019. Using an estimated price of £502,126 means this house is valued at £7,970 per sq meter (£740 per sq foot).
The average size of a house on KENSINGTON DRIVE is 97 sq meters (1,054 sq feet).
This house is the smallest in the street with a floor area of 63 sq meters (678 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Under investigation | On or near Kensington Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Rivington Avenue |
| Apr 2024 | Vehicle crime | Under investigation | On or near Rivington Avenue |
| Mar 2024 | Anti-social behaviour | On or near Rivington Avenue | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hillington Gardens |