£422,143
This estimated value is based upon the latest sale price for the house of £350,000 on 12 Jun 2020. 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 |
|---|---|
| £350,000 | 12 Jun 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2020 the House Price Index for ESSEX was 122.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.613%.Applying this 20.613% change to the original purchase price of £350,000 results in an estimated price of approximately £422,143.
| 12 Jun 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.0 | 20.613 % | £350,000 | £72,143 | £422,143 |
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 | 4.220 % | £14,770 | £364,770 |
| 3 Month Average | 12.371 % | £43,298 | £393,298 |
| 6 Month Average | -1.266 % | £-4,429 | £345,570 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £547,000 | £547,000 | 1 ROYDON CLOSE |
| 31 Jul 2023 | £474,488 | £470,000 | 17 ROYDON CLOSE |
| 12 Jun 2023 | £519,210 | £515,000 | 70 ROYDON CLOSE |
| 28 Apr 2023 | £352,621 | £350,000 | FLAT 19 HUBBARD COURT VALLEY HILL |
| 27 Mar 2023 | £354,416 | £352,500 | FLAT 34 HUBBARD COURT VALLEY HILL |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 26 Nov 2019. Using an estimated price of £422,144 means this house is valued at £4,307 per sq meter (£400 per sq foot).
The average size of a house on ROYDON CLOSE is 97 sq meters (1,052 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Roydon Close | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Roydon Close |
| Feb 2024 | Anti-social behaviour | On or near Roydon Close | |
| Feb 2024 | Anti-social behaviour | On or near Roydon Close | |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Roydon Close |