£553,665
This estimated value is based upon the latest sale price for the house of £450,000 on 4 Jan 2019. 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 |
|---|---|
| £450,000 | 4 Jan 2019 |
| £249,995 | 1 May 2009 |
| £230,000 | 23 Oct 2003 |
| £94,750 | 13 Dec 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 January 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.037%.Applying this 23.037% change to the original purchase price of £450,000 results in an estimated price of approximately £553,665.
| 4 Jan 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.037 % | £450,000 | £103,665 | £553,665 |
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 | -5.498 % | £-24,742 | £425,257 |
| 3 Month Average | 15.441 % | £69,486 | £519,486 |
| 6 Month Average | -0.522 % | £-2,350 | £447,649 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £193,664 | £190,000 | 54 SCHOOL HOUSE GARDENS |
| 1 Dec 2023 | £575,895 | £565,000 | 1 HOMECROFT GARDENS |
| 6 Apr 2023 | £425,664 | £422,500 | 7 SCHOOL HOUSE GARDENS |
| 20 Mar 2023 | £301,630 | £300,000 | 28 HOMECROFT GARDENS |
| 1 Sep 2022 | £647,129 | £655,000 | 3 HOMECROFT GARDENS |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 30 Apr 2018. Using an estimated price of £553,665 means this house is valued at £8,024 per sq meter (£745 per sq foot).
The average size of a house on LUCTON MEWS is 80 sq meters (871 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Maybury Close |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Maybury Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bryony Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bryony Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bryony Close |