£259,467
This estimated value is based upon the latest sale price for the house of £110,000 on 13 Jun 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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UNIT 12, 97 – 101 PEREGRINE ROAD, HAINAULT BUSINESS PARK, ESSEX, IG6 3UT
Phone: 02036415458
Price Paid | Date |
---|---|
£110,000 | 13 Jun 2003 |
£82,000 | 4 Dec 1998 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 828 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 June 2003 the House Price Index for GREATER LONDON was 63.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 135.879%.Applying this 135.879% change to the original purchase price of £110,000 results in an estimated price of approximately £259,467.
13 Jun 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
63.0 | 148.6 | 135.879 % | £110,000 | £149,467 | £259,467 |
The Postcode Pricing Model uses changes in average sales price within the IG7 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 | 82.629 % | £90,891 | £200,891 |
3 Month Average | 43.406 % | £47,746 | £157,746 |
6 Month Average | 72.770 % | £80,046 | £190,046 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Jun 2023 | £404,905 | £400,000 | 354 MANFORD WAY |
17 Feb 2023 | £379,744 | £380,000 | 328 MANFORD WAY |
8 Oct 2021 | £273,300 | £247,000 | 305 MANFORD WAY |
30 Jul 2021 | £459,706 | £400,000 | 575 NEW NORTH ROAD |
12 May 2021 | £423,764 | £375,000 | 16 NEWTON ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 18 Jun 2021. Using an estimated price of £259,467 means this house is valued at £3,369 per sq meter (£313 per sq foot).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Regarder Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Regarder Road |
Jan 2024 | Anti-social behaviour | On or near Natasha Close |