£373,323
This estimated value is based upon the latest sale price for the house of £300,000 on 18 Feb 2019. 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 Police Station
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1a Smarts Lane, Loughton, IG10 4BU
Phone: 02080223378
| Price Paid | Date |
|---|---|
| £300,000 | 18 Feb 2019 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £300,000 results in an estimated price of approximately £373,323.
| 18 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £300,000 | £73,323 | £373,323 |
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 | -24.877 % | £-74,629 | £225,370 |
| 3 Month Average | 19.977 % | £59,930 | £359,930 |
| 6 Month Average | 15.145 % | £45,436 | £345,436 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £544,730 | £540,000 | 22A SMARTS LANE |
| 27 Nov 2023 | £502,762 | £490,000 | 18A SMARTS LANE |
| 31 Aug 2023 | £600,837 | £590,000 | 34 FOREST ROAD |
| 22 Mar 2023 | £1,118,682 | £1,100,000 | FLAT A-C 182 HIGH ROAD |
| 18 Nov 2022 | £661,905 | £665,000 | 77 SMARTS LANE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 9 Oct 2018. Using an estimated price of £373,324 means this house is valued at £4,848 per sq meter (£450 per sq foot).
The average size of a house on MONKSGROVE is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Police Station |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Police Station |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Police Station |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Police Station |
| Jun 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Police Station |