£653,303
This estimated value is based upon the latest sale price for the house of £180,000 on 29 Dec 2000. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Office 9, Cedar House, Hainault Business Park, 58 Peregrine Road, Hainault, IG6 3SZ
Phone: 02045162057
| Price Paid | Date |
|---|---|
| £180,000 | 29 Dec 2000 |
| Terraced |
| Freehold |
| Floor Area: 199 sq meters or 2,142 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 2000 the House Price Index for ESSEX was 41.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 262.947%.Applying this 262.947% change to the original purchase price of £180,000 results in an estimated price of approximately £653,303.
| 29 Dec 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.2 | 149.7 | 262.947 % | £180,000 | £473,303 | £653,303 |
The Postcode Pricing Model uses changes in average sales price within the IG7 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 | 193.080 % | £347,543 | £527,543 |
| 3 Month Average | 232.635 % | £418,743 | £598,743 |
| 6 Month Average | 227.005 % | £408,608 | £588,608 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Apr 2024 | £307,672 | £305,000 | 26 RETREAT WAY |
| 20 Oct 2023 | £373,483 | £365,000 | 39 RETREAT WAY |
| 31 Aug 2023 | £544,827 | £535,000 | 34 RETREAT WAY |
| 7 Jun 2023 | £397,975 | £390,000 | 10 FOXBURROWS COURT SUNNYMEDE |
| 1 Feb 2023 | £332,219 | £330,000 | 23 RETREAT WAY |
This house has a floor area of 199 sq meters or 2,142 sq feet when measured on 16 Aug 2018. Using an estimated price of £653,304 means this house is valued at £3,282 per sq meter (£304 per sq foot).
The average size of a house on LAMBOURNE ROAD is 161 sq meters (1,737 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Raymond Gardens |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Retreat Way |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Faversham Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Faversham Close |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Faversham Close |