£505,852
This estimated value is based upon the latest sale price for the house of £140,000 on 9 Oct 2000. This value is then adjusted by the current Official House Price Index for ESSEX 1
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1a Smarts Lane, Loughton, IG10 4BU
Phone: 02080223378
| Price Paid | Date |
|---|---|
| £140,000 | 9 Oct 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 51 sq meters or 557 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 October 2000 the House Price Index for ESSEX was 40.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 261.323%.Applying this 261.323% change to the original purchase price of £140,000 results in an estimated price of approximately £505,852.
| 9 Oct 2000 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.6 | 146.7 | 261.323 % | £140,000 | £365,852 | £505,852 |
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 | 214.512 % | £300,316 | £440,316 |
| 3 Month Average | 188.947 % | £264,525 | £404,525 |
| 6 Month Average | 240.188 % | £336,263 | £476,263 |
This house has a floor area of 51 sq meters or 557 sq feet when measured on 25 Feb 2010.
The average size of a house on SMARTS LANE is 80 sq meters (867 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Police Station |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Police Station |
| Feb 2024 | Vehicle crime | Local resolution | On or near Police Station |
| Feb 2024 | Other crime | Under investigation | On or near Police Station |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Police Station |