£728,886
This estimated value is based upon the latest sale price for the house of £590,000 on 9 Oct 2019. 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 |
|---|---|
| £590,000 | 9 Oct 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £590,000 results in an estimated price of approximately £728,886.
| 9 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £590,000 | £138,886 | £728,886 |
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 | -0.531 % | £-3,131 | £586,868 |
| 3 Month Average | 3.377 % | £19,922 | £609,922 |
| 6 Month Average | 9.356 % | £55,203 | £645,203 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2024 | £700,000 | £700,000 | 6 THE GREENS CLOSE |
| 9 Nov 2023 | £569,455 | £555,000 | 15 RECTORY LANE |
| 12 Oct 2023 | £700,919 | £685,000 | 8 THE GREENS CLOSE |
| 17 Mar 2023 | £813,587 | £800,000 | 26 THE GREENS CLOSE |
| 2 Mar 2023 | £793,247 | £780,000 | 29 RECTORY LANE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 5 Jul 2018. Using an estimated price of £728,886 means this house is valued at £6,626 per sq meter (£615 per sq foot).
The average size of a house on ROUNDMEAD CLOSE is 123 sq meters (1,331 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Roundmead Avenue |
| Aug 2024 | Other theft | Under investigation | On or near The Greens Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Greens Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wellfields |