£388,081
This estimated value is based upon the latest sale price for the house of £230,000 on 30 Mar 2012. 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 |
|---|---|
| £230,000 | 30 Mar 2012 |
| £200,000 | 31 Oct 2003 |
| £92,995 | 31 Mar 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 54 sq meters or 581 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 March 2012 the House Price Index for ESSEX was 86.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.731%.Applying this 68.731% change to the original purchase price of £230,000 results in an estimated price of approximately £388,081.
| 30 Mar 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 146.7 | 68.731 % | £230,000 | £158,081 | £388,081 |
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 | 70.853 % | £162,960 | £392,960 |
| 3 Month Average | 67.986 % | £156,368 | £386,368 |
| 6 Month Average | 76.764 % | £176,557 | £406,557 |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 12 Sep 2011.
The average size of a house on BEECH CLOSE is 68 sq meters (732 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Offender given a caution | On or near Beech Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Beech Close |
| Mar 2024 | Other theft | Under investigation | On or near Conyers Way |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Conyers Way |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Cedar Drive |