£703,669
This estimated value is based upon the latest sale price for the house of £560,000 on 21 May 2018. 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 |
|---|---|
| £560,000 | 21 May 2018 |
| £127,500 | 15 May 1998 |
| 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 May 2018 the House Price Index for GREATER LONDON was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £560,000 results in an estimated price of approximately £703,669.
| 21 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £560,000 | £143,669 | £703,669 |
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 | 60.737 % | £340,127 | £900,127 |
| 3 Month Average | 28.746 % | £160,979 | £720,979 |
| 6 Month Average | 42.565 % | £238,363 | £798,363 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £252,190 | £250,000 | 21 CASTLE DRIVE |
| 15 Dec 2023 | £629,338 | £610,000 | 164 EASTERN AVENUE |
| 15 Dec 2023 | £660,289 | £640,000 | 154 EASTERN AVENUE |
| 22 Apr 2022 | £326,788 | £315,000 | 39 MARGARET WAY |
| 29 Nov 2021 | £708,188 | £650,000 | 175 EASTERN AVENUE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 29 Dec 2017. Using an estimated price of £703,669 means this house is valued at £6,118 per sq meter (£568 per sq foot).
The average size of a house on CASTLE DRIVE is 131 sq meters (1,415 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Castle Drive | |
| Apr 2024 | Drugs | Under investigation | On or near Castle Drive |
| Apr 2024 | Anti-social behaviour | On or near Castle Drive | |
| Apr 2024 | Anti-social behaviour | On or near Castle Drive | |
| Apr 2024 | Anti-social behaviour | On or near Castle Drive |