£596,953
This estimated value is based upon the latest sale price for the house of £127,000 on 27 Aug 1998. 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 |
|---|---|
| £127,000 | 27 Aug 1998 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,069 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 August 1998 the House Price Index for GREATER LONDON was 31.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 370.042%.Applying this 370.042% change to the original purchase price of £127,000 results in an estimated price of approximately £596,953.
| 27 Aug 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 149.7 | 370.042 % | £127,000 | £469,953 | £596,953 |
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 | 612.077 % | £777,337 | £904,337 |
| 3 Month Average | 427.580 % | £543,027 | £670,027 |
| 6 Month Average | 424.256 % | £538,805 | £665,805 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 May 2024 | £770,000 | £770,000 | 15 BRAINTREE AVENUE |
| 21 Mar 2024 | £558,582 | £550,000 | 19 BRAINTREE AVENUE |
| 8 Dec 2023 | £928,532 | £900,000 | 65 FALMOUTH GARDENS |
| 5 Dec 2023 | £717,033 | £695,000 | 16 BRAINTREE AVENUE |
| 25 Oct 2023 | £588,363 | £575,000 | 37 BERGHOLT AVENUE |
This house has a floor area of 99 sq meters or 1,069 sq feet when measured on 21 May 2010. Using an estimated price of £596,953 means this house is valued at £6,007 per sq meter (£558 per sq foot).
The average size of a house on BRAINTREE AVENUE is 141 sq meters (1,526 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Falmouth Gardens |
| Apr 2024 | Drugs | Under investigation | On or near Bergholt Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fowey Avenue |
| Apr 2024 | Anti-social behaviour | On or near Merrivale Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Merrivale Avenue |