£355,308
This estimated value is based upon the latest sale price for the house of £295,000 on 26 Mar 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Caplen Estates, 12 Queens Road, Buckhurst Hill, IG9 5BY
Phone: 02081155011
| Price Paid | Date |
|---|---|
| £295,000 | 26 Mar 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 85 sq meters or 914 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 2020 the House Price Index for ESSEX was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £295,000 results in an estimated price of approximately £355,308.
| 26 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £295,000 | £60,308 | £355,308 |
The Postcode Pricing Model uses changes in average sales price within the IG9 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 | -24.331 % | £-71,777 | £223,222 |
| 3 Month Average | 23.597 % | £69,611 | £364,611 |
| 6 Month Average | 10.145 % | £29,926 | £324,926 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jul 2022 | £674,817 | £673,000 | 93 CHERRY TREE RISE |
| 25 Mar 2022 | £637,301 | £615,000 | 85 CHERRY TREE RISE |
| 4 Mar 2022 | £649,736 | £627,000 | 45 CHERRY TREE RISE |
| 10 Dec 2021 | £514,261 | £480,000 | 9 RODING HEIGHTS, 5 STATION WAY |
| 8 Oct 2021 | £603,031 | £545,000 | 24 CHERRY TREE RISE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 24 Jul 2019. Using an estimated price of £355,309 means this house is valued at £4,180 per sq meter (£388 per sq foot).
The average size of a house on STATION WAY is 69 sq meters (749 sq feet).
This house is the largest in the street with a floor area of 85 sq meters (914 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Station Way |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Station Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Station Way |
| Mar 2024 | Possession of weapons | On or near Loughton (Lu Station) | |
| Mar 2024 | Robbery | On or near Loughton (Lu Station) |