£641,350
This estimated value is based upon the latest sale price for the house of £430,000 on 12 Dec 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
1 Lower Road, Loughton, IG10 2RS
Phone: 02081152359
| Price Paid | Date |
|---|---|
| £430,000 | 12 Dec 2014 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 2014 the House Price Index for ESSEX was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £430,000 results in an estimated price of approximately £641,350.
| 12 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £430,000 | £211,350 | £641,350 |
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 | 8.236 % | £35,414 | £465,414 |
| 3 Month Average | 26.124 % | £112,335 | £542,335 |
| 6 Month Average | 22.662 % | £97,445 | £527,445 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £408,574 | £405,000 | 40 LOWER ROAD |
| 27 Oct 2022 | £1,038,815 | £1,050,000 | 4 GOLDINGS RISE |
| 14 Oct 2022 | £742,011 | £750,000 | 6 TREVELYAN GARDENS |
| 25 Jul 2022 | £481,296 | £480,000 | 26 LOWER ROAD |
| 3 May 2022 | £519,794 | £510,000 | 34 LOWER ROAD |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 11 Mar 2014. Using an estimated price of £641,350 means this house is valued at £5,481 per sq meter (£509 per sq foot).
The average size of a house on MONKCHESTER CLOSE is 137 sq meters (1,478 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lower Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Goldings Road |
| Feb 2024 | Drugs | Investigation complete; no suspect identified | On or near Rectory Court |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Millsmead Way |