£497,198
This estimated value is based upon the latest sale price for the house of £460,000 on 24 Jun 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Crate 29, Oakwood Hill Industrial Estate, Loughton, IG10 3TZ
Phone: 02080339647
| Price Paid | Date |
|---|---|
| £460,000 | 24 Jun 2021 |
| £440,000 | 16 Jun 2017 |
| £92,500 | 6 Sep 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 June 2021 the House Price Index for ESSEX was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £460,000 results in an estimated price of approximately £497,198.
| 24 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £460,000 | £37,198 | £497,198 |
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 | -27.857 % | £-128,143 | £331,856 |
| 3 Month Average | 11.658 % | £53,625 | £513,625 |
| 6 Month Average | 10.129 % | £46,593 | £506,593 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £582,912 | £565,000 | 1 HOMECROFT GARDENS |
| 10 Oct 2023 | £409,296 | £400,000 | 6 MAYBURY CLOSE |
| 20 Mar 2023 | £305,095 | £300,000 | 28 HOMECROFT GARDENS |
| 17 Mar 2023 | £366,114 | £360,000 | 28 COLLEGE CLOSE |
| 10 Feb 2023 | £329,702 | £327,500 | 21 COLLEGE CLOSE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 15 Apr 2017. Using an estimated price of £497,199 means this house is valued at £7,205 per sq meter (£669 per sq foot).
The average size of a house on HOMECROFT GARDENS is 81 sq meters (878 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Homecroft Gardens |
| Jun 2024 | Anti-social behaviour | On or near Homecroft Gardens | |
| Jun 2024 | Anti-social behaviour | On or near Homecroft Gardens | |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Homecroft Gardens |
| May 2024 | Other crime | Unable to prosecute suspect | On or near Homecroft Gardens |