£382,978
This estimated value is based upon the latest sale price for the house of £310,800 on 15 May 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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UNIT 12, 97 – 101 PEREGRINE ROAD, HAINAULT BUSINESS PARK, ESSEX, IG6 3UT
Phone: 02036415458
| Price Paid | Date |
|---|---|
| £310,800 | 15 May 2020 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £310,800 results in an estimated price of approximately £382,978.
| 15 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £310,800 | £72,178 | £382,978 |
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 | -18.344 % | £-57,013 | £253,786 |
| 3 Month Average | 22.633 % | £70,342 | £381,142 |
| 6 Month Average | 9.704 % | £30,159 | £340,959 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £406,242 | £400,000 | 91 BURROW ROAD |
| 18 Aug 2021 | £421,453 | £375,000 | 61 BURROW ROAD |
| 28 Jun 2021 | £423,700 | £392,000 | 39 THE LOWE |
| 18 Dec 2020 | £235,867 | £204,000 | 4 LOWE CLOSE |
| 15 May 2020 | £382,979 | £310,800 | 122 BURROW ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 15 Jan 2020. Using an estimated price of £382,979 means this house is valued at £4,787 per sq meter (£444 per sq foot).
The average size of a house on BURROW ROAD is 82 sq meters (890 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Lowe Close | |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Lowe Close |
| Sep 2024 | Other theft | Under investigation | On or near Lowe Close |
| Aug 2024 | Anti-social behaviour | On or near Lowe Close | |
| Aug 2024 | Anti-social behaviour | On or near Lowe Close |