£399,594
This estimated value is based upon the latest sale price for the house of £127,000 on 8 Jan 2002. 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 |
|---|---|
| £127,000 | 8 Jan 2002 |
| 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 January 2002 the House Price Index for GREATER LONDON was 47.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 214.641%.Applying this 214.641% change to the original purchase price of £127,000 results in an estimated price of approximately £399,594.
| 8 Jan 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 47.6 | 149.7 | 214.641 % | £127,000 | £272,594 | £399,594 |
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 | 136.296 % | £173,095 | £300,095 |
| 3 Month Average | 235.848 % | £299,527 | £426,527 |
| 6 Month Average | 203.977 % | £259,050 | £386,050 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £430,000 | £430,000 | 186 BURROW ROAD |
| 30 Apr 2024 | £406,530 | £403,000 | 37 BEARING WAY |
| 30 Oct 2023 | £358,134 | £350,000 | 42 BEARING WAY |
| 12 Sep 2022 | £524,650 | £525,000 | 18 AGISTER ROAD |
| 29 Jul 2022 | £444,453 | £440,000 | 36 VERDERERS ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 30 Oct 2013. Using an estimated price of £399,594 means this house is valued at £4,994 per sq meter (£464 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 | Violence and sexual offences | Under investigation | On or near Bearing Way |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bearing Way |
| Sep 2024 | Anti-social behaviour | On or near Bearing Way | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Bearing Way |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bearing Way |