£703,849
This estimated value is based upon the latest sale price for the house of £600,000 on 16 Oct 2020. 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 Roundmead Avenue
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Unit 2 Buckingham Court, Rectory Lane, Loughton, IG10 2QZ
Phone: 02036414033
| Price Paid | Date |
|---|---|
| £600,000 | 16 Oct 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2020 the House Price Index for ESSEX was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £600,000 results in an estimated price of approximately £703,849.
| 16 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £600,000 | £103,849 | £703,849 |
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 | -6.405 % | £-38,430 | £561,569 |
| 3 Month Average | -6.780 % | £-40,679 | £559,320 |
| 6 Month Average | -7.088 % | £-42,528 | £557,471 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £563,340 | £555,000 | 15 RECTORY LANE |
| 21 Jul 2023 | £638,595 | £630,000 | 31 THE GREENS CLOSE |
| 13 Jul 2023 | £1,208,769 | £1,192,500 | 27 ROUNDMEAD AVENUE |
| 17 Mar 2023 | £807,609 | £800,000 | 26 THE GREENS CLOSE |
| 2 Mar 2023 | £787,418 | £780,000 | 29 RECTORY LANE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 12 Mar 2020. Using an estimated price of £703,850 means this house is valued at £7,998 per sq meter (£743 per sq foot).
The average size of a house on ROUNDMEAD AVENUE is 126 sq meters (1,364 sq feet).
This house is the smallest in the street with a floor area of 88 sq meters (947 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Roundmead Avenue |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Roundmead Avenue |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Roundmead Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hill Top |
| Jan 2024 | Anti-social behaviour | On or near Wellfields |