£653,532
This estimated value is based upon the latest sale price for the house of £650,000 on 14 Mar 2023. 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 |
|---|---|
| £650,000 | 14 Mar 2023 |
| £350,000 | 10 Apr 2015 |
| Leasehold |
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 March 2023 the House Price Index for GREATER LONDON was 147.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.543%.Applying this 0.543% change to the original purchase price of £650,000 results in an estimated price of approximately £653,532.
| 14 Mar 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.0 | 0.543 % | £650,000 | £3,532 | £653,532 |
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 | -17.204 % | £-111,828 | £538,171 |
| 3 Month Average | -14.918 % | £-96,967 | £553,032 |
| 6 Month Average | -7.464 % | £-48,512 | £601,487 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £463,760 | £460,000 | 45 PORTMAN DRIVE |
| 14 Apr 2023 | £418,108 | £415,000 | 178 SOUTHEND ROAD |
| 14 Mar 2023 | £653,533 | £650,000 | UNIT 18 BOURNE COURT UNITY TRADING ESTATE |
| 20 May 2022 | £1,856,598 | £1,829,000 | UNIT 5-7 GILBERT HOUSE, 406 RODING LANE SOUTH |
| 20 Apr 2022 | £538,462 | £525,000 | 192 RODING LANE NORTH |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Portman Drive |