£326,763
This estimated value is based upon the latest sale price for the house of £180,000 on 5 Dec 2008. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Unit 2 Buckingham Court, Rectory Lane, Loughton, IG10 2QZ
Phone: 02036414033
| Price Paid | Date |
|---|---|
| £180,000 | 5 Dec 2008 |
| £72,000 | 28 Nov 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 December 2008 the House Price Index for ESSEX was 81.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 81.535%.Applying this 81.535% change to the original purchase price of £180,000 results in an estimated price of approximately £326,763.
| 5 Dec 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.9 | 148.6 | 81.535 % | £180,000 | £146,763 | £326,763 |
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 | 82.052 % | £147,693 | £327,693 |
| 3 Month Average | 90.266 % | £162,478 | £342,478 |
| 6 Month Average | 79.700 % | £143,460 | £323,460 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £463,000 | £463,000 | 66 NEWMANS LANE |
| 17 Nov 2023 | £400,936 | £395,000 | 5 NOVA COURT NEWMANS LANE |
| 23 Jun 2023 | £410,978 | £406,000 | 16 THISTLE MEAD |
| 16 Jan 2023 | £398,125 | £400,000 | 107 WHITEHILLS ROAD |
| 14 Nov 2022 | £321,110 | £325,000 | 6 NOVA COURT NEWMANS LANE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 14 Jan 2014. Using an estimated price of £326,764 means this house is valued at £3,936 per sq meter (£365 per sq foot).
There is one other house on the street which we know the size of, this is 10 PLUMTREE MEAD it is 82.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Newmans Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newmans Close |
| Jan 2024 | Public order | Under investigation | On or near Newmans Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Newmans Close |
| Feb 2024 | Anti-social behaviour | On or near Whitehills Road |