£611,643
This estimated value is based upon the latest sale price for the house of £490,000 on 13 Apr 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 |
|---|---|
| £490,000 | 13 Apr 2018 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 April 2018 the House Price Index for GREATER LONDON was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £490,000 results in an estimated price of approximately £611,643.
| 13 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £490,000 | £121,643 | £611,643 |
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 | -51.489 % | £-252,295 | £237,704 |
| 3 Month Average | -17.666 % | £-86,565 | £403,434 |
| 6 Month Average | 21.494 % | £105,320 | £595,320 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £557,123 | £550,000 | 143 REDBRIDGE LANE EAST |
| 23 Jun 2023 | £646,329 | £638,500 | 23 FAIRMEAD GARDENS |
| 2 Jun 2023 | £541,560 | £535,000 | 13 FAIRMEAD GARDENS |
| 31 Jan 2023 | £775,845 | £779,500 | 22 FERNHALL DRIVE |
| 21 Jan 2022 | £336,771 | £320,000 | 2 MARGARET WAY |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 24 Jul 2017. Using an estimated price of £611,643 means this house is valued at £6,371 per sq meter (£591 per sq foot).
The average size of a house on EDWINA GARDENS is 161 sq meters (1,737 sq feet).
This house is the smallest in the street with a floor area of 96 sq meters (1,033 sq feet).