£1,203,428
This estimated value is based upon the latest sale price for the house of £1,115,000 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Office 9, Cedar House, Hainault Business Park, 58 Peregrine Road, Hainault, IG6 3SZ
Phone: 02045162057
| Price Paid | Date |
|---|---|
| £1,115,000 | 17 Dec 2021 |
| £1,020,000 | 30 Jun 2021 |
| £477,500 | 25 Feb 2005 |
| £395,000 | 12 Jul 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 173 sq meters or 1,862 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 2021 the House Price Index for ESSEX was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £1,115,000 results in an estimated price of approximately £1,203,428.
| 17 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £1,115,000 | £88,428 | £1,203,428 |
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 | -1.029 % | £-11,474 | £1,103,525 |
| 3 Month Average | 12.849 % | £143,266 | £1,258,266 |
| 6 Month Average | 21.299 % | £237,487 | £1,352,487 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £568,738 | £560,000 | 94 LAMBOURNE ROAD |
| 7 Mar 2024 | £624,596 | £615,000 | 6 INGLEBY GARDENS |
| 19 Dec 2023 | £315,701 | £306,000 | 49 RETREAT WAY |
| 29 Sep 2023 | £633,975 | £620,000 | 13 WHITEHALL CLOSE |
| 3 Apr 2023 | £774,486 | £760,000 | 157 LAMBOURNE ROAD |
This house has a floor area of 173 sq meters or 1,862 sq feet when measured on 29 Mar 2019. Using an estimated price of £1,203,428 means this house is valued at £6,956 per sq meter (£646 per sq foot).
The average size of a house on LAMBOURNE ROAD is 161 sq meters (1,737 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Whitehall Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Whitehall Close |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Whitehall Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Ingleby Gardens |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Ingleby Gardens |