£846,131
This estimated value is based upon the latest sale price for the house of £173,000 on 27 Oct 1997. This value is then adjusted by the current Official House Price Index for ESSEX 1
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UNIT 12, 97 – 101 PEREGRINE ROAD, HAINAULT BUSINESS PARK, ESSEX, IG6 3UT
Phone: 02036415458
| Price Paid | Date |
|---|---|
| £173,000 | 27 Oct 1997 |
| Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 October 1997 the House Price Index for ESSEX was 30.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 389.093%.Applying this 389.093% change to the original purchase price of £173,000 results in an estimated price of approximately £846,131.
| 27 Oct 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.0 | 146.7 | 389.093 % | £173,000 | £673,131 | £846,131 |
The Postcode Pricing Model uses changes in average sales price within the IG7 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 | 295.670 % | £511,508 | £684,508 |
| 3 Month Average | 246.232 % | £425,980 | £598,980 |
| 6 Month Average | 284.366 % | £491,952 | £664,952 |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 23 Dec 2016.
The average size of a house on LAMBOURNE ROAD is 161 sq meters (1,737 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Local resolution | On or near Lodge Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willowmead |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Willowmead |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shillibeer Walk |
| Mar 2024 | Possession of weapons | Unable to prosecute suspect | On or near Gravel Lane |