£347,570
This estimated value is based upon the latest sale price for the house of £281,000 on 30 Aug 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 |
|---|---|
| £281,000 | 30 Aug 2018 |
| £152,000 | 1 Aug 2003 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 2018 the House Price Index for GREATER LONDON was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £281,000 results in an estimated price of approximately £347,570.
| 30 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £281,000 | £66,570 | £347,570 |
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 | -51.205 % | £-143,886 | £137,113 |
| 3 Month Average | -29.181 % | £-81,997 | £199,002 |
| 6 Month Average | 19.350 % | £54,374 | £335,374 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £258,303 | £255,000 | 3 THE MEWS |
| 12 Sep 2023 | £861,009 | £850,000 | 2 COBBETTS AVENUE |
| 29 Apr 2022 | £726,008 | £705,000 | 25 VISTA DRIVE |
| 1 Dec 2021 | £755,321 | £705,000 | 35 ROSEMARY DRIVE |
| 9 Nov 2021 | £9,463,246 | £8,750,000 | THE RED HOUSE REDBRIDGE LANE EAST |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 27 Nov 2018. Using an estimated price of £347,570 means this house is valued at £5,430 per sq meter (£504 per sq foot).
The average size of a house on THE MEWS is 70 sq meters (754 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Avondale Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cobbetts Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cobbetts Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cobbetts Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cobbetts Avenue |