£394,773
This estimated value is based upon the latest sale price for the house of £232,000 on 15 Dec 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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UNIT 12, 97 – 101 PEREGRINE ROAD, HAINAULT BUSINESS PARK, ESSEX, IG6 3UT
Phone: 02036415458
Price Paid | Date |
---|---|
£232,000 | 15 Dec 2011 |
£238,500 | 28 Jul 2006 |
£66,000 | 6 Dec 1996 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 779 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 December 2011 the House Price Index for ESSEX was 86.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.161%.Applying this 70.161% change to the original purchase price of £232,000 results in an estimated price of approximately £394,773.
15 Dec 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 146.7 | 70.161 % | £232,000 | £162,773 | £394,773 |
The Postcode Pricing Model uses changes in average sales price within the IG7 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 | 72.628 % | £168,496 | £400,496 |
3 Month Average | 39.669 % | £92,032 | £324,032 |
6 Month Average | 39.066 % | £90,632 | £322,632 |
This house has a floor area of 72 sq meters or 779 sq feet when measured on 1 Jul 2011.
The average size of a house on GRAVEL LANE is 135 sq meters (1,455 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Possession of weapons | Unable to prosecute suspect | On or near Gravel Lane |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Way |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Orchard Way |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gravel Close |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Gravel Close |