£298,556
This estimated value is based upon the latest sale price for the house of £250,000 on 27 Aug 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Crate 29, Oakwood Hill Industrial Estate, Loughton, IG10 3TZ
Phone: 02080339647
| Price Paid | Date |
|---|---|
| £250,000 | 27 Aug 2020 |
| £220,000 | 10 Jan 2017 |
| £129,000 | 5 Dec 2005 |
| £59,000 | 17 Feb 2000 |
| £40,000 | 24 Oct 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 August 2020 the House Price Index for ESSEX was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £250,000 results in an estimated price of approximately £298,556.
| 27 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.0 | 19.422 % | £250,000 | £48,556 | £298,556 |
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 | 32.806 % | £82,015 | £332,015 |
| 3 Month Average | -4.768 % | £-11,919 | £238,080 |
| 6 Month Average | -1.828 % | £-4,570 | £245,429 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £270,915 | £270,000 | 30 HIGHWOOD LANE |
| 10 Nov 2023 | £417,864 | £412,500 | 50 MONKSGROVE |
| 14 Jun 2023 | £233,896 | £232,000 | 106 HIGHWOOD LANE |
| 28 Apr 2023 | £523,894 | £520,000 | 89 CHEQUERS ROAD |
| 23 May 2022 | £279,150 | £275,000 | 86 LONGCROFT RISE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 25 Jan 2020. Using an estimated price of £298,556 means this house is valued at £3,980 per sq meter (£369 per sq foot).
The average size of a house on LONGCROFT RISE is 87 sq meters (944 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Longcroft Rise |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Longcroft Rise |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oakwood Hill |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Monksgrove |
| Apr 2024 | Other theft | Under investigation | On or near Monksgrove |