£625,517
This estimated value is based upon the latest sale price for the house of £590,000 on 14 Jan 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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1 Valley Hill, Loughton, IG10 3AE
Phone: 02080339472
| Price Paid | Date |
|---|---|
| £590,000 | 14 Jan 2022 |
| £527,500 | 19 Aug 2016 |
| £342,000 | 12 Oct 2007 |
| £195,000 | 29 Jun 2001 |
| £145,000 | 10 Dec 1998 |
| £108,950 | 1 Aug 1996 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 January 2022 the House Price Index for ESSEX was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £590,000 results in an estimated price of approximately £625,517.
| 14 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £590,000 | £35,517 | £625,517 |
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 | -35.049 % | £-206,790 | £383,209 |
| 3 Month Average | -4.996 % | £-29,477 | £560,522 |
| 6 Month Average | -3.145 % | £-18,558 | £571,441 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Nov 2022 | £462,836 | £465,000 | 8 WITHAM CLOSE |
| 18 Mar 2022 | £636,799 | £610,000 | 18 TEWKESBURY CLOSE |
| 24 Jan 2022 | £471,788 | £445,000 | 14 WITHAM CLOSE |
| 14 Jan 2022 | £625,517 | £590,000 | 5 LUKINTONE CLOSE |
| 16 Nov 2021 | £539,312 | £495,000 | 6 HOWARD CLOSE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 12 Aug 2014. Using an estimated price of £625,517 means this house is valued at £8,568 per sq meter (£796 per sq foot).
The average size of a house on LUKINTONE CLOSE is 95 sq meters (1,023 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near The Sidings |
| Jul 2024 | Anti-social behaviour | On or near Howard Close | |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Howard Close |
| May 2024 | Anti-social behaviour | On or near Aragon Close | |
| May 2024 | Anti-social behaviour | On or near Aragon Close |