£488,158
This estimated value is based upon the latest sale price for the house of £395,000 on 19 Dec 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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UNIT 12, 97 – 101 PEREGRINE ROAD, HAINAULT BUSINESS PARK, ESSEX, IG6 3UT
Phone: 02036415458
| Price Paid | Date |
|---|---|
| £395,000 | 19 Dec 2019 |
| £230,000 | 11 Dec 2009 |
| £105,000 | 30 Nov 2001 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in December 2019 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £395,000 results in an estimated price of approximately £488,158.
| 19 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £395,000 | £93,158 | £488,158 |
The Postcode Pricing Model uses changes in average sales price within the IG6 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 | -35.872 % | £-141,695 | £253,304 |
| 3 Month Average | -5.625 % | £-22,218 | £372,781 |
| 6 Month Average | 1.814 % | £7,167 | £402,167 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £319,915 | £315,000 | FLAT 5 ALBERT HOUSE RESERVOIR WAY |
| 25 Mar 2024 | £324,993 | £320,000 | 20 WANTI TERRACE |
| 13 Oct 2023 | £404,180 | £395,000 | 11 BRANCH ROAD |
| 15 Sep 2023 | £388,566 | £380,000 | 23 BRANCH ROAD |
| 30 Mar 2023 | £272,043 | £267,500 | 24 WANTI TERRACE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 18 Sep 2019. Using an estimated price of £488,159 means this house is valued at £5,953 per sq meter (£553 per sq foot).
The average size of a house on NEW NORTH ROAD is 79 sq meters (859 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Branch Road | |
| Apr 2024 | Anti-social behaviour | On or near Branch Road | |
| Apr 2024 | Anti-social behaviour | On or near Branch Road | |
| Apr 2024 | Anti-social behaviour | On or near Branch Road | |
| Apr 2024 | Anti-social behaviour | On or near Branch Road |