£307,707
This estimated value is based upon the latest sale price for the house of £55,000 on 31 Mar 1995. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Unit 2 Buckingham Court, Rectory Lane, Loughton, IG10 2QZ
Phone: 02036414033
| Price Paid | Date |
|---|---|
| £55,000 | 31 Mar 1995 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 sq feet |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in March 1995 the House Price Index for ESSEX was 26.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 459.468%.Applying this 459.468% change to the original purchase price of £55,000 results in an estimated price of approximately £307,707.
| 31 Mar 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 148.6 | 459.468 % | £55,000 | £252,707 | £307,707 |
The Postcode Pricing Model uses changes in average sales price within the IG10 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 | 386.470 % | £212,558 | £267,558 |
| 3 Month Average | 418.851 % | £230,368 | £285,368 |
| 6 Month Average | 420.973 % | £231,535 | £286,535 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Mar 2023 | £289,730 | £287,000 | 3 DROVEWAY |
| 13 May 2022 | £290,473 | £285,000 | 10 DROVEWAY |
| 27 Jan 2022 | £289,412 | £275,000 | 6 DROVEWAY |
| 23 Nov 2021 | £308,231 | £285,000 | 82 SWANS HOPE |
| 10 Sep 2021 | £237,070 | £220,000 | 72 SWANS HOPE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 15 May 2013. Using an estimated price of £307,707 means this house is valued at £3,663 per sq meter (£340 per sq foot).
The average size of a house on CHESTER ROAD is 86 sq meters (931 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Droveway |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Droveway |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Droveway |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Droveway |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Droveway |