£325,299
This estimated value is based upon the latest sale price for the house of £207,500 on 31 Mar 2014. 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 |
|---|---|
| £207,500 | 31 Mar 2014 |
| £195,000 | 31 Jan 2008 |
| £128,500 | 15 Jan 2004 |
| £59,000 | 22 May 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 76 sq meters or 818 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 2014 the House Price Index for ESSEX was 94.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 56.771%.Applying this 56.771% change to the original purchase price of £207,500 results in an estimated price of approximately £325,299.
| 31 Mar 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 148.0 | 56.771 % | £207,500 | £117,799 | £325,299 |
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 | 47.979 % | £99,556 | £307,056 |
| 3 Month Average | 38.915 % | £80,747 | £288,247 |
| 6 Month Average | 40.021 % | £83,043 | £290,543 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £450,787 | £445,000 | 20 THE CROFT |
| 31 Jul 2023 | £373,533 | £370,000 | 22 THE CROFT |
| 27 Jan 2023 | £242,867 | £245,000 | 192 HILLYFIELDS |
| 11 Nov 2022 | £329,654 | £335,000 | 109 HILLYFIELDS |
| 1 Jul 2022 | £444,399 | £445,000 | 3 LONGFIELD COTTAGES ENGLANDS LANE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 9 Dec 2013. Using an estimated price of £325,299 means this house is valued at £4,280 per sq meter (£397 per sq foot).
The average size of a house on HILLYFIELDS is 82 sq meters (891 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near The Croft | |
| Mar 2024 | Vehicle crime | Under investigation | On or near The Croft |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Croft |
| Mar 2024 | Anti-social behaviour | On or near The Croft | |
| Mar 2024 | Anti-social behaviour | On or near The Croft |