£1,226,763
This estimated value is based upon the latest sale price for the house of £1,050,000 on 29 Oct 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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9-11 High Beech Road, Loughton, IG10 4BN
Phone: 02080334212
Price Paid | Date |
---|---|
£1,050,000 | 29 Oct 2020 |
£182,000 | 5 Jan 1996 |
Detached |
Freehold |
Floor Area: 76 sq meters or 823 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 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £1,050,000 results in an estimated price of approximately £1,226,763.
29 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 148.0 | 16.835 % | £1,050,000 | £176,763 | £1,226,763 |
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 % | £-67,254 | £982,745 |
3 Month Average | -6.780 % | £-71,188 | £978,811 |
6 Month Average | -7.088 % | £-74,424 | £975,575 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Aug 2022 | £506,577 | £510,000 | 209 SMARTS LANE |
1 Jun 2022 | £2,070,990 | £2,050,000 | 18 CONNAUGHT AVENUE |
26 Aug 2021 | £606,111 | £545,500 | 2 LOWER BELLE VIEW COTTAGE SMARTS LANE |
22 Jun 2021 | £374,007 | £350,000 | 98 FOREST ROAD |
11 Dec 2020 | £560,109 | £490,000 | 2 ROYAL OAK CLOSE |
This house has a floor area of 76 sq meters or 823 sq feet when measured on 20 Sep 2011. Using an estimated price of £1,226,764 means this house is valued at £16,031 per sq meter (£1,489 per sq foot).
The average size of a house on FOREST VIEW ROAD is 215 sq meters (2,323 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Royal Oak Close |
Apr 2024 | Anti-social behaviour | On or near Smart'S Lane | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Smart'S Lane |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Smart'S Lane |
Mar 2024 | Drugs | Local resolution | On or near Connaught Avenue |