£530,300
This estimated value is based upon the latest sale price for the house of £488,500 on 10 Sep 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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1 Valley Hill, Loughton, IG10 3AE
Phone: 02080339472
| Price Paid | Date |
|---|---|
| £488,500 | 10 Sep 2021 |
| £245,000 | 12 Aug 2004 |
| £245,000 | 12 Aug 2004 |
| £158,500 | 6 Nov 2000 |
| £91,500 | 30 Aug 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 September 2021 the House Price Index for ESSEX was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £488,500 results in an estimated price of approximately £530,300.
| 10 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £488,500 | £41,800 | £530,300 |
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 | -32.138 % | £-156,994 | £331,505 |
| 3 Month Average | 32.713 % | £159,803 | £648,303 |
| 6 Month Average | 18.799 % | £91,831 | £580,331 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Nov 2022 | £462,836 | £465,000 | 8 WITHAM CLOSE |
| 18 Mar 2022 | £636,799 | £610,000 | 18 TEWKESBURY CLOSE |
| 24 Jan 2022 | £471,788 | £445,000 | 14 WITHAM CLOSE |
| 14 Jan 2022 | £625,517 | £590,000 | 5 LUKINTONE CLOSE |
| 16 Nov 2021 | £539,312 | £495,000 | 6 HOWARD CLOSE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 23 Jun 2021. Using an estimated price of £530,301 means this house is valued at £8,693 per sq meter (£807 per sq foot).
The average size of a house on LUKINTONE CLOSE is 95 sq meters (1,023 sq feet).
This house is the smallest in the street with a floor area of 61 sq meters (656 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near The Sidings |
| Jul 2024 | Anti-social behaviour | On or near Howard Close | |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Howard Close |
| May 2024 | Anti-social behaviour | On or near Aragon Close | |
| May 2024 | Anti-social behaviour | On or near Aragon Close |