£455,969
This estimated value is based upon the latest sale price for the house of £245,000 on 22 Apr 2005. This value is then adjusted by the current Official House Price Index for ESSEX 1
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1 Lower Road, Loughton, IG10 2RS
Phone: 02081152359
| Price Paid | Date |
|---|---|
| £245,000 | 22 Apr 2005 |
| £89,950 | 17 Mar 1997 |
| Terraced |
| Freehold |
| Floor Area: 48 sq meters or 516 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 April 2005 the House Price Index for ESSEX was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.110%.Applying this 86.110% change to the original purchase price of £245,000 results in an estimated price of approximately £455,969.
| 22 Apr 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.110 % | £245,000 | £210,969 | £455,969 |
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 | 92.060 % | £225,547 | £470,547 |
| 3 Month Average | 95.734 % | £234,547 | £479,547 |
| 6 Month Average | 104.457 % | £255,920 | £500,920 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £514,501 | £510,000 | 14 WROTHS PATH |
| 2 Aug 2023 | £832,281 | £825,000 | 26 STONY PATH |
| 15 Jun 2023 | £911,035 | £900,000 | KEEPERS COTTAGE, 40 BALDWINS HILL |
| 8 Mar 2023 | £444,185 | £440,000 | 31 BALDWINS HILL |
| 18 Jan 2023 | £676,812 | £680,000 | 3 WROTHS PATH |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 27 Jun 2009. Using an estimated price of £455,970 means this house is valued at £9,499 per sq meter (£882 per sq foot).
The average size of a house on STONY PATH is 146 sq meters (1,575 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (516 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wroths Path |