£440,926
This estimated value is based upon the latest sale price for the house of £260,000 on 14 Jun 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
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5 Loughton Business Centre, Langston Road, Loughton, IG10 3FL
Phone: 02080331709
| Price Paid | Date |
|---|---|
| £260,000 | 14 Jun 2010 |
| £167,000 | 13 Apr 2006 |
| £109,000 | 7 Apr 2000 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 894 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 June 2010 the House Price Index for ESSEX was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.587%.Applying this 69.587% change to the original purchase price of £260,000 results in an estimated price of approximately £440,926.
| 14 Jun 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.587 % | £260,000 | £180,926 | £440,926 |
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 | 57.279 % | £148,926 | £408,926 |
| 3 Month Average | 65.865 % | £171,249 | £431,249 |
| 6 Month Average | 72.637 % | £188,855 | £448,855 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £558,265 | £550,000 | 25 MORNINGTON ROAD |
| 21 Jul 2023 | £419,648 | £414,000 | 67 BARRINGTON ROAD |
| 3 Feb 2023 | £282,810 | £283,000 | 17 SANDFORD AVENUE |
| 18 Aug 2022 | £458,765 | £460,000 | 19 DOUBLEDAY ROAD |
| 29 Jul 2022 | £426,147 | £425,000 | 20 DOUBLEDAY ROAD |
This house has a floor area of 83 sq meters or 894 sq feet when measured on 1 Nov 2009. Using an estimated price of £440,926 means this house is valued at £5,305 per sq meter (£492 per sq foot).
The average size of a house on MORNINGTON ROAD is 96 sq meters (1,034 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Mornington Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mornington Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Paley Gardens |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Paley Gardens |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Paley Gardens |