£728,381
This estimated value is based upon the latest sale price for the house of £706,000 on 15 Dec 2023. 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 |
|---|---|
| £706,000 | 15 Dec 2023 |
| £598,410 | 30 Mar 2016 |
| Terraced |
| Freehold |
| Floor Area: 174 sq meters or 1,872 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 2023 the House Price Index for GREATER LONDON was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £706,000 results in an estimated price of approximately £728,381.
| 15 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £706,000 | £22,381 | £728,381 |
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 | -9.326 % | £-65,843 | £640,156 |
| 3 Month Average | 3.751 % | £26,478 | £732,478 |
| 6 Month Average | 28.161 % | £198,814 | £904,814 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £726,307 | £720,000 | 39 PEAKETON AVENUE |
| 15 Dec 2023 | £728,382 | £706,000 | 5 MERRIVALE AVENUE |
| 20 Oct 2023 | £787,895 | £770,000 | 106 FALMOUTH GARDENS |
| 6 Oct 2023 | £698,361 | £682,500 | 121 FALMOUTH GARDENS |
| 28 Apr 2023 | £305,718 | £300,000 | 31 MIGHELL AVENUE |
This house has a floor area of 174 sq meters or 1,872 sq feet when measured on 19 Aug 2015. Using an estimated price of £728,382 means this house is valued at £4,186 per sq meter (£388 per sq foot).
The average size of a house on MERRIVALE AVENUE is 119 sq meters (1,286 sq feet).
This house is the largest in the street with a floor area of 174 sq meters (1,872 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Merrivale Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Merrivale Avenue | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Merrivale Avenue |
| Apr 2024 | Anti-social behaviour | On or near Merrivale Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Merrivale Avenue |