£461,729
This estimated value is based upon the latest sale price for the house of £240,000 on 30 Sep 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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1 Lower Road, Loughton, IG10 2RS
Phone: 02081152359
| Price Paid | Date |
|---|---|
| £240,000 | 30 Sep 2004 |
| £290,000 | 20 Nov 1996 |
| Detached |
| Freehold |
| Floor Area: 255 sq meters or 2,744 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 September 2004 the House Price Index for ESSEX was 77.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 92.387%.Applying this 92.387% change to the original purchase price of £240,000 results in an estimated price of approximately £461,729.
| 30 Sep 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 149.7 | 92.387 % | £240,000 | £221,729 | £461,729 |
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 | 36.025 % | £86,460 | £326,460 |
| 3 Month Average | 108.902 % | £261,363 | £501,363 |
| 6 Month Average | 110.990 % | £266,377 | £506,377 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Oct 2023 | £823,708 | £805,000 | 34 BALDWINS HILL |
| 9 Aug 2023 | £519,367 | £510,000 | 14 WROTHS PATH |
| 2 Aug 2023 | £840,153 | £825,000 | 26 STONY PATH |
| 15 Jun 2023 | £918,405 | £900,000 | KEEPERS COTTAGE, 40 BALDWINS HILL |
| 8 Mar 2023 | £447,473 | £440,000 | 31 BALDWINS HILL |
This house has a floor area of 255 sq meters or 2,744 sq feet when measured on 13 Nov 2015. Using an estimated price of £461,730 means this house is valued at £1,810 per sq meter (£168 per sq foot).
The average size of a house on BALDWINS HILL is 167 sq meters (1,807 sq feet).