£582,724
This estimated value is based upon the latest sale price for the house of £580,000 on 22 Aug 2022. 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 |
---|---|
£580,000 | 22 Aug 2022 |
£480,000 | 31 Aug 2017 |
Semi-Detached |
Freehold |
Floor Area: 88 sq meters or 947 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 August 2022 the House Price Index for ESSEX was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £580,000 results in an estimated price of approximately £582,724.
22 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.0 | 149.7 | 0.470 % | £580,000 | £2,724 | £582,724 |
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 | 35.062 % | £203,358 | £783,358 |
3 Month Average | -12.322 % | £-71,465 | £508,534 |
6 Month Average | 1.135 % | £6,580 | £586,580 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Jan 2023 | £626,674 | £625,000 | 32 STONARDS HILL |
28 Oct 2022 | £583,053 | £585,000 | 9 STONARDS HILL |
22 Aug 2022 | £582,725 | £580,000 | 20 OAKWOOD HILL |
16 May 2022 | £487,706 | £475,000 | 26 SOUTHVIEW ROAD |
30 Mar 2022 | £429,056 | £411,000 | 1A SOUTHVIEW ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 27 Mar 2017. Using an estimated price of £582,725 means this house is valued at £6,621 per sq meter (£615 per sq foot).
The average size of a house on OAKWOOD HILL is 90 sq meters (974 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near South View Road |
Sep 2024 | Vehicle crime | Under investigation | On or near South View Road |
Jul 2024 | Anti-social behaviour | On or near South View Road | |
Jul 2024 | Anti-social behaviour | On or near South View Road | |
Jul 2024 | Anti-social behaviour | On or near South View Road |