£1,856,598
This estimated value is based upon the latest sale price for the house of £1,829,000 on 20 May 2022. 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 |
|---|---|
| £1,829,000 | 20 May 2022 |
| £375,000 | 5 Oct 2015 |
| Freehold |
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 2022 the House Price Index for GREATER LONDON was 145.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.509%.Applying this 1.509% change to the original purchase price of £1,829,000 results in an estimated price of approximately £1,856,598.
| 20 May 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.0 | 1.509 % | £1,829,000 | £27,598 | £1,856,598 |
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 | -25.178 % | £-460,498 | £1,368,501 |
| 3 Month Average | -10.036 % | £-183,562 | £1,645,437 |
| 6 Month Average | 4.022 % | £73,560 | £1,902,560 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £7,992,608 | £7,890,000 | JEWSON LTD WOODFORD AVENUE |
| 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 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Southend Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Southend Road |
| Apr 2024 | Other theft | Under investigation | On or near Southend Road |
| Mar 2024 | Anti-social behaviour | On or near Southend Road | |
| Mar 2024 | Other theft | Under investigation | On or near Southend Road |