£428,407
This estimated value is based upon the latest sale price for the house of £229,950 on 20 May 2005. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Malvern Gardens
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1 Valley Hill, Loughton, IG10 3AE
Phone: 02080339472
| Price Paid | Date |
|---|---|
| £229,950 | 20 May 2005 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 May 2005 the House Price Index for ESSEX was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.305%.Applying this 86.305% change to the original purchase price of £229,950 results in an estimated price of approximately £428,407.
| 20 May 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.305 % | £229,950 | £198,457 | £428,407 |
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 | 118.355 % | £272,157 | £502,107 |
| 3 Month Average | 119.995 % | £275,929 | £505,879 |
| 6 Month Average | 129.970 % | £298,866 | £528,816 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £665,448 | £645,000 | 9 AVONDALE DRIVE |
| 2 Aug 2023 | £458,265 | £450,000 | 43 AVONDALE DRIVE |
| 3 Mar 2023 | £521,402 | £512,695 | 79 AVONDALE DRIVE |
| 20 Jan 2023 | £531,420 | £530,000 | 4 AVONDALE DRIVE |
| 16 Jan 2023 | £523,900 | £522,500 | 17 SOUTHERN DRIVE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 29 Jan 2016. Using an estimated price of £428,408 means this house is valued at £4,656 per sq meter (£432 per sq foot).
The average size of a house on SOUTHERN DRIVE is 81 sq meters (874 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Malvern Gardens |
| Sep 2024 | Burglary | Under investigation | On or near Malvern Gardens |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malvern Gardens |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cranleigh Gardens |