£406,902
This estimated value is based upon the latest sale price for the house of £405,000 on 31 Aug 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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UNIT 12, 97 – 101 PEREGRINE ROAD, HAINAULT BUSINESS PARK, ESSEX, IG6 3UT
Phone: 02036415458
| Price Paid | Date |
|---|---|
| £405,000 | 31 Aug 2022 |
| Terraced |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in August 2022 the House Price Index for GREATER LONDON was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £405,000 results in an estimated price of approximately £406,902.
| 31 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £405,000 | £1,902 | £406,902 |
The Postcode Pricing Model uses changes in average sales price within the IG6 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 | -33.388 % | £-135,219 | £269,780 |
| 3 Month Average | 30.404 % | £123,136 | £528,136 |
| 6 Month Average | 28.147 % | £113,997 | £518,997 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £494,292 | £490,000 | 11 NEWCASTLE AVENUE |
| 24 Oct 2023 | £578,131 | £565,000 | 11 LONGPORT CLOSE |
| 4 Aug 2023 | £473,541 | £465,000 | 18 NEWCASTLE AVENUE |
| 9 Jun 2023 | £479,611 | £470,000 | 17 TUNSTALL AVENUE |
| 24 Apr 2023 | £613,474 | £602,000 | 16 NEWCASTLE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Tunstall Avenue |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Tunstall Avenue |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Tunstall Avenue |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Tunstall Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tunstall Avenue |