£252,368
This estimated value is based upon the latest sale price for the house of £129,995 on 28 Jul 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Unit 2 Buckingham Court, Rectory Lane, Loughton, IG10 2QZ
Phone: 02036414033
| Price Paid | Date |
|---|---|
| £129,995 | 28 Jul 2004 |
| £70,000 | 9 Nov 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 July 2004 the House Price Index for ESSEX was 76.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 94.137%.Applying this 94.137% change to the original purchase price of £129,995 results in an estimated price of approximately £252,368.
| 28 Jul 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 148.0 | 94.137 % | £129,995 | £122,373 | £252,368 |
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 | 81.798 % | £106,332 | £236,327 |
| 3 Month Average | 82.934 % | £107,810 | £237,805 |
| 6 Month Average | 91.595 % | £119,068 | £249,063 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £450,787 | £445,000 | 42 HILLCROFT |
| 9 Nov 2023 | £562,218 | £555,000 | 15 RECTORY LANE |
| 23 Mar 2023 | £502,717 | £500,000 | 27 HILLCROFT |
| 2 Mar 2023 | £784,239 | £780,000 | 29 RECTORY LANE |
| 27 Jan 2023 | £242,867 | £245,000 | 192 HILLYFIELDS |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 25 Mar 2015. Using an estimated price of £252,369 means this house is valued at £5,257 per sq meter (£488 per sq foot).
The average size of a house on HILLYFIELDS is 82 sq meters (891 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hillyfields |
| Mar 2024 | Drugs | Investigation complete; no suspect identified | On or near Hillyfields |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hillyfields |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hillyfields |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hillyfields |