£252,518
This estimated value is based upon the latest sale price for the house of £82,000 on 26 Feb 2002. 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 |
---|---|
£82,000 | 26 Feb 2002 |
£51,000 | 29 Jun 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 581 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 February 2002 the House Price Index for GREATER LONDON was 48.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 207.949%.Applying this 207.949% change to the original purchase price of £82,000 results in an estimated price of approximately £252,518.
26 Feb 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
48.3 | 148.6 | 207.949 % | £82,000 | £170,518 | £252,518 |
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 | 254.623 % | £208,790 | £290,790 |
3 Month Average | 99.099 % | £81,260 | £163,260 |
6 Month Average | 170.190 % | £139,555 | £221,555 |
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 54 sq meters or 581 sq feet when measured on 9 Sep 2019. Using an estimated price of £252,519 means this house is valued at £4,676 per sq meter (£434 per sq foot).
The average size of a house on OAKS LANE is 86 sq meters (925 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Peters Close |