£410,448
This estimated value is based upon the latest sale price for the house of £295,500 on 30 Oct 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Crate 29, Oakwood Hill Industrial Estate, Loughton, IG10 3TZ
Phone: 02080339647
Price Paid | Date |
---|---|
£295,500 | 30 Oct 2015 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 914 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 October 2015 the House Price Index for ESSEX was 105.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 38.900%.Applying this 38.900% change to the original purchase price of £295,500 results in an estimated price of approximately £410,448.
30 Oct 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
105.6 | 146.7 | 38.900 % | £295,500 | £114,948 | £410,448 |
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 | 5.559 % | £16,425 | £311,925 |
3 Month Average | 4.890 % | £14,450 | £309,950 |
6 Month Average | 15.189 % | £44,882 | £340,382 |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 21 May 2015.
The average size of a house on POUNDFIELD ROAD is 83 sq meters (895 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Poundfield Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Poundfield Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Poundfield Road |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Poundfield Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Poundfield Road |