£304,430
This estimated value is based upon the latest sale price for the house of £87,000 on 23 Mar 2001. 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 |
|---|---|
| £87,000 | 23 Mar 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 March 2001 the House Price Index for ESSEX was 42.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 249.920%.Applying this 249.920% change to the original purchase price of £87,000 results in an estimated price of approximately £304,430.
| 23 Mar 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.5 | 148.6 | 249.920 % | £87,000 | £217,430 | £304,430 |
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 | 210.137 % | £182,819 | £269,819 |
| 3 Month Average | 205.370 % | £178,671 | £265,671 |
| 6 Month Average | 243.185 % | £211,570 | £298,570 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £428,751 | £425,000 | 4 COBALT PLACE, 121 CHURCH HILL |
| 2 Aug 2023 | £239,596 | £237,500 | 40 MAPLE GATE |
| 17 Mar 2023 | £237,235 | £235,000 | 83 MAPLE GATE |
| 10 Aug 2022 | £276,256 | £277,000 | 31 MAPLE GATE |
| 27 Apr 2022 | £496,878 | £482,500 | 6 COBALT PLACE, 121 CHURCH HILL |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 1 May 2019. Using an estimated price of £304,430 means this house is valued at £6,342 per sq meter (£589 per sq foot).
The average size of a house on MAPLE GATE is 42 sq meters (458 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maple Gate |