£597,068
This estimated value is based upon the latest sale price for the house of £350,000 on 25 Jul 2011. 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 |
|---|---|
| £350,000 | 25 Jul 2011 |
| Detached |
| Freehold |
| Floor Area: 80 sq meters or 865 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 July 2011 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.591%.Applying this 70.591% change to the original purchase price of £350,000 results in an estimated price of approximately £597,068.
| 25 Jul 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 146.7 | 70.591 % | £350,000 | £247,068 | £597,068 |
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 | 21.837 % | £76,430 | £426,430 |
| 3 Month Average | 42.217 % | £147,760 | £497,760 |
| 6 Month Average | 55.507 % | £194,273 | £544,273 |
This house has a floor area of 80 sq meters or 865 sq feet when measured on 22 Apr 2009.
The average size of a house on FIRS DRIVE is 179 sq meters (1,931 sq feet).
This house is the smallest in the street with a floor area of 80 sq meters (865 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Goldings Rise |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Seymour'S |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Summit |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lower Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Lower Road |