£1,260,809
This estimated value is based upon the latest sale price for the house of £735,000 on 6 Jan 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near The Beacons
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1 Lower Road, Loughton, IG10 2RS
Phone: 02081152359
Price Paid | Date |
---|---|
£735,000 | 6 Jan 2011 |
Detached |
Freehold |
Floor Area: 188 sq meters or 2,026 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 January 2011 the House Price Index for ESSEX was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.539%.Applying this 71.539% change to the original purchase price of £735,000 results in an estimated price of approximately £1,260,809.
6 Jan 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 148.6 | 71.539 % | £735,000 | £525,809 | £1,260,809 |
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 | 64.006 % | £470,442 | £1,205,442 |
3 Month Average | 57.393 % | £421,839 | £1,156,839 |
6 Month Average | 55.726 % | £409,587 | £1,144,587 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Sep 2023 | £1,033,211 | £1,020,000 | 57 BALDWINS HILL |
26 Jul 2022 | £1,554,184 | £1,550,000 | 4 THE BEACONS |
30 May 2022 | £881,612 | £865,000 | 79 BALDWINS HILL |
29 Apr 2022 | £1,137,928 | £1,105,000 | 12 CAMPIONS |
22 Nov 2021 | £1,730,422 | £1,600,000 | 2 THE BEACONS |
This house has a floor area of 188 sq meters or 2,026 sq feet when measured on 15 Apr 2010. Using an estimated price of £1,260,809 means this house is valued at £6,695 per sq meter (£622 per sq foot).
The average size of a house on GARDEN WAY is 240 sq meters (2,583 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near The Beacons |
Feb 2024 | Theft from the person | Under investigation | On or near The Beacons |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Beacons |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Beacons |
Dec 2023 | Violence and sexual offences | Under investigation | On or near The Beacons |