£514,136
This estimated value is based upon the latest sale price for the house of £150,000 on 8 May 2001. 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 |
|---|---|
| £150,000 | 8 May 2001 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 May 2001 the House Price Index for GREATER LONDON was 43.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 242.757%.Applying this 242.757% change to the original purchase price of £150,000 results in an estimated price of approximately £514,136.
| 8 May 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 148.6 | 242.757 % | £150,000 | £364,136 | £514,136 |
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 | 274.148 % | £411,221 | £561,221 |
| 3 Month Average | 114.403 % | £171,604 | £321,604 |
| 6 Month Average | 210.820 % | £316,230 | £466,230 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Dec 2023 | £340,966 | £335,000 | 813 EASTERN AVENUE |
| 18 Jul 2023 | £506,821 | £500,000 | 4 HOMEFIELD AVENUE |
| 14 Jun 2023 | £5,061 | £5,000 | 781A EASTERN AVENUE |
| 3 Mar 2023 | £802,561 | £795,000 | 805 EASTERN AVENUE |
| 22 Apr 2022 | £710,561 | £690,000 | 1 LEYSWOOD DRIVE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 4 Jul 2016. Using an estimated price of £514,136 means this house is valued at £5,978 per sq meter (£555 per sq foot).
The average size of a house on LEYSWOOD DRIVE is 106 sq meters (1,141 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Stapleford Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Stapleford Avenue |
| Jan 2024 | Other crime | Under investigation | On or near Leyswood Drive |