£1,093,257
This estimated value is based upon the latest sale price for the house of £1,075,000 on 30 Mar 2023. 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 |
|---|---|
| £1,075,000 | 30 Mar 2023 |
| £720,000 | 30 Oct 2013 |
| £645,000 | 3 Oct 2007 |
| £577,500 | 5 Oct 2006 |
| £345,000 | 29 Nov 1999 |
| £290,000 | 31 Jul 1998 |
| Detached |
| Freehold |
| Floor Area: 162 sq meters or 1,743 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 March 2023 the House Price Index for ESSEX was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £1,075,000 results in an estimated price of approximately £1,093,257.
| 30 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £1,075,000 | £18,257 | £1,093,257 |
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 | -4.470 % | £-48,049 | £1,026,950 |
| 3 Month Average | 0.822 % | £8,839 | £1,083,839 |
| 6 Month Average | 3.800 % | £40,848 | £1,115,848 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £1,328,729 | £1,295,000 | 60 TRAPS HILL |
| 14 Apr 2023 | £516,664 | £507,000 | 7 ST NICHOLAS PLACE |
| 30 Mar 2023 | £1,093,258 | £1,075,000 | 4 ELMORES |
| 1 Feb 2023 | £988,086 | £981,486 | 6 ROWANS WAY |
| 17 Jun 2022 | £670,329 | £656,000 | 58 CHURCH LANE |
This house has a floor area of 162 sq meters or 1,743 sq feet when measured on 13 Dec 2012. Using an estimated price of £1,093,258 means this house is valued at £6,748 per sq meter (£626 per sq foot).
The average size of a house on ELMORES is 242 sq meters (2,610 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Under investigation | On or near Elmores |
| Jun 2024 | Burglary | Unable to prosecute suspect | On or near Clerks Piece |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clerks Piece |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near The Hawthorns |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near St Nicholas Place |