£515,107
This estimated value is based upon the latest sale price for the house of £420,000 on 1 Nov 2019. 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 |
---|---|
£420,000 | 1 Nov 2019 |
Semi-Detached |
Freehold |
Floor Area: 83 sq meters or 893 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 November 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £420,000 results in an estimated price of approximately £515,107.
1 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.645 % | £420,000 | £95,107 | £515,107 |
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 | -2.445 % | £-10,270 | £409,729 |
3 Month Average | -4.502 % | £-18,906 | £401,093 |
6 Month Average | -6.786 % | £-28,499 | £391,500 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £324,809 | £320,000 | 111 COLEBROOK LANE |
6 Nov 2023 | £273,058 | £269,015 | 180 CHESTER ROAD |
23 Jun 2023 | £456,783 | £451,250 | 196 CHESTER ROAD |
6 Jun 2023 | £399,843 | £395,000 | 177 CHESTER ROAD |
20 Jan 2023 | £423,007 | £425,000 | 63A COLEBROOK LANE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 7 Mar 2018. Using an estimated price of £515,107 means this house is valued at £6,206 per sq meter (£576 per sq foot).
The average size of a house on CHESTER ROAD is 86 sq meters (931 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Colebrook Path |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Colebrook Path |
Feb 2024 | Public order | Under investigation | On or near Colebrook Path |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Colebrook Path |
Jan 2024 | Anti-social behaviour | On or near Colebrook Path |