£755,515
This estimated value is based upon the latest sale price for the house of £700,000 on 13 Dec 2021. 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 |
|---|---|
| £700,000 | 13 Dec 2021 |
| £112,000 | 28 Jan 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 December 2021 the House Price Index for ESSEX was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £700,000 results in an estimated price of approximately £755,515.
| 13 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £700,000 | £55,515 | £755,515 |
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 | -9.034 % | £-63,235 | £636,764 |
| 3 Month Average | -13.813 % | £-96,687 | £603,312 |
| 6 Month Average | 12.736 % | £89,150 | £789,150 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2024 | £700,000 | £700,000 | 6 THE GREENS CLOSE |
| 12 Oct 2023 | £700,919 | £685,000 | 8 THE GREENS CLOSE |
| 17 Mar 2023 | £813,587 | £800,000 | 26 THE GREENS CLOSE |
| 16 Sep 2022 | £299,800 | £300,000 | 103 MAPLE GATE |
| 26 Jul 2022 | £833,350 | £825,000 | 17 ROUNDMEAD CLOSE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 15 Sep 2021. Using an estimated price of £755,516 means this house is valued at £8,394 per sq meter (£779 per sq foot).
The average size of a house on ROUNDMEAD CLOSE is 123 sq meters (1,331 sq feet).
This house is the smallest in the street with a floor area of 90 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Under investigation | On or near The Greens Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Greens Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Roundmead Avenue |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Aug 2024 | Vehicle crime | Under investigation | On or near Wellfields |