£629,949
This estimated value is based upon the latest sale price for the house of £365,000 on 21 Apr 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Unit 2 Buckingham Court, Rectory Lane, Loughton, IG10 2QZ
Phone: 02036414033
| Price Paid | Date |
|---|---|
| £365,000 | 21 Apr 2011 |
| £154,000 | 8 Jun 2001 |
| £104,495 | 4 Sep 1998 |
| Semi-Detached |
| Freehold |
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 April 2011 the House Price Index for ESSEX was 86.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.589%.Applying this 72.589% change to the original purchase price of £365,000 results in an estimated price of approximately £629,949.
| 21 Apr 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 149.7 | 72.589 % | £365,000 | £264,949 | £629,949 |
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 | 31.231 % | £113,993 | £478,993 |
| 3 Month Average | 64.947 % | £237,056 | £602,056 |
| 6 Month Average | 73.377 % | £267,825 | £632,825 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £477,111 | £465,000 | 18 CEDAR DRIVE |
| 29 Sep 2023 | £426,911 | £417,500 | 4 CEDAR DRIVE |
| 31 Mar 2023 | £419,506 | £412,500 | 29 CEDAR DRIVE |
| 13 Jan 2023 | £511,366 | £510,000 | 1 BEECH CLOSE |
| 9 Sep 2022 | £509,660 | £510,000 | 40 FAIRMEADS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beech Close |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lawton Green |
| Jul 2024 | Vehicle crime | Under investigation | On or near Fairmeads |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fairmeads |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairmeads |