£550,292
This estimated value is based upon the latest sale price for the house of £540,000 on 6 Apr 2023. 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 |
|---|---|
| £540,000 | 6 Apr 2023 |
| £420,000 | 20 Oct 2016 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 April 2023 the House Price Index for ESSEX was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £540,000 results in an estimated price of approximately £550,292.
| 6 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £540,000 | £10,292 | £550,292 |
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 | -20.118 % | £-108,639 | £431,360 |
| 3 Month Average | -7.063 % | £-38,139 | £501,860 |
| 6 Month Average | -2.008 % | £-10,845 | £529,154 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £1,960,357 | £1,925,000 | 8 WELLFIELDS |
| 14 Apr 2023 | £516,664 | £507,000 | 7 ST NICHOLAS PLACE |
| 6 Apr 2023 | £550,293 | £540,000 | 20 WHITEHILLS ROAD |
| 22 Feb 2023 | £1,046,994 | £1,040,000 | 18 WELLFIELDS |
| 24 Nov 2022 | £607,161 | £610,000 | 15 WHITEHILLS ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 4 Aug 2015. Using an estimated price of £550,293 means this house is valued at £7,436 per sq meter (£690 per sq foot).
The average size of a house on WHITEHILLS ROAD is 102 sq meters (1,106 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Durnell Way |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Durnell Way |
| Jul 2024 | Anti-social behaviour | On or near Thistle Mead | |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Thistle Mead |
| Jul 2024 | Public order | Awaiting court outcome | On or near St Nicholas Place |