£816,211
This estimated value is based upon the latest sale price for the house of £675,000 on 28 Jul 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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1 Valley Hill, Loughton, IG10 3AE
Phone: 02080339472
Price Paid | Date |
---|---|
£675,000 | 28 Jul 2020 |
£380,000 | 19 Jul 2002 |
£217,000 | 30 May 1997 |
Detached |
Freehold |
Floor Area: 127 sq meters or 1,367 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 July 2020 the House Price Index for ESSEX was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £675,000 results in an estimated price of approximately £816,211.
28 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 148.6 | 20.920 % | £675,000 | £141,211 | £816,211 |
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 | -15.651 % | £-105,644 | £569,355 |
3 Month Average | -1.768 % | £-11,930 | £663,069 |
6 Month Average | -3.677 % | £-24,820 | £650,179 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Aug 2023 | £368,221 | £365,000 | 23 CHELTENHAM GARDENS |
14 Apr 2023 | £734,913 | £727,000 | 19 HIGHLAND AVENUE |
13 Oct 2021 | £774,535 | £700,000 | 16 HIGHLAND AVENUE |
4 Aug 2021 | £747,463 | £670,000 | 17 CLEVES CLOSE |
5 Mar 2021 | £862,659 | £775,000 | 5 SEYMOUR CLOSE |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 6 Nov 2019. Using an estimated price of £816,212 means this house is valued at £6,426 per sq meter (£597 per sq foot).
The average size of a house on CLEVES CLOSE is 122 sq meters (1,323 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheltenham Gardens |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheltenham Gardens |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheltenham Gardens |
Feb 2024 | Anti-social behaviour | On or near Howard Close | |
Feb 2024 | Anti-social behaviour | On or near Howard Close |