£489,670
This estimated value is based upon the latest sale price for the house of £490,000 on 6 Feb 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Crate 29, Oakwood Hill Industrial Estate, Loughton, IG10 3TZ
Phone: 02080339647
| Price Paid | Date |
|---|---|
| £490,000 | 6 Feb 2023 |
| £270,000 | 30 Oct 2009 |
| £77,000 | 17 Jul 1998 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 February 2023 the House Price Index for ESSEX was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £490,000 results in an estimated price of approximately £489,670.
| 6 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.6 | -0.067 % | £490,000 | £-329 | £489,670 |
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 | 5.827 % | £28,552 | £518,552 |
| 3 Month Average | -7.559 % | £-37,038 | £452,961 |
| 6 Month Average | -9.307 % | £-45,602 | £444,397 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £494,325 | £490,000 | 50 DEEPDENE ROAD |
| 28 Apr 2023 | £454,898 | £450,000 | 14 HONEYCROFT |
| 6 Apr 2023 | £500,388 | £495,000 | 1 CHERSTON ROAD |
| 6 Feb 2023 | £489,670 | £490,000 | 22 COLSON GARDENS |
| 31 Jan 2023 | £642,971 | £646,000 | 22 HONEYCROFT |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 13 Aug 2009. Using an estimated price of £489,670 means this house is valued at £6,198 per sq meter (£575 per sq foot).
The average size of a house on COLSON GARDENS is 73 sq meters (791 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Colson Gardens |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Colson Gardens |
| Feb 2024 | Possession of weapons | Under investigation | On or near Colson Gardens |
| Jan 2024 | Other theft | Under investigation | On or near Colson Gardens |
| Mar 2024 | Burglary | Under investigation | On or near Honeycroft |