£616,690
This estimated value is based upon the latest sale price for the house of £415,000 on 30 Jan 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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960 Eastern Ave, Newbury Park, Essex, IG2 7JD
Phone: 02080333132
| Price Paid | Date |
|---|---|
| £415,000 | 30 Jan 2015 |
| £134,000 | 2 Aug 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 January 2015 the House Price Index for GREATER LONDON was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £415,000 results in an estimated price of approximately £616,690.
| 30 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £415,000 | £201,690 | £616,690 |
The Postcode Pricing Model uses changes in average sales price within the IG2 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 | 59.617 % | £247,412 | £662,412 |
| 3 Month Average | -4.490 % | £-18,635 | £396,364 |
| 6 Month Average | 32.855 % | £136,349 | £551,349 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £222,849 | £220,000 | 32 ST PETERS CLOSE |
| 11 Aug 2023 | £252,206 | £250,000 | 6 ST PETERS CLOSE |
| 6 Apr 2023 | £171,850 | £170,000 | 56 ST PETERS CLOSE |
| 29 Mar 2023 | £227,140 | £225,000 | 81 ST PETERS CLOSE |
| 17 Mar 2023 | £230,168 | £228,000 | 87 ST PETERS CLOSE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 2 Apr 2014. Using an estimated price of £616,690 means this house is valued at £5,409 per sq meter (£502 per sq foot).
The average size of a house on OAKS LANE is 86 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near St Peters Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Peters Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Peters Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Peters Close |
| Mar 2024 | Anti-social behaviour | On or near Buryside Close |