£242,175
This estimated value is based upon the latest sale price for the house of £154,000 on 27 Sep 2007. 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 |
|---|---|
| £154,000 | 27 Sep 2007 |
| £105,000 | 7 Jan 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 September 2007 the House Price Index for ESSEX was 95.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.257%.Applying this 57.257% change to the original purchase price of £154,000 results in an estimated price of approximately £242,175.
| 27 Sep 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 149.7 | 57.257 % | £154,000 | £88,175 | £242,175 |
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 | 26.440 % | £40,717 | £194,717 |
| 3 Month Average | 82.889 % | £127,649 | £281,649 |
| 6 Month Average | 83.494 % | £128,581 | £282,581 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £274,213 | £270,000 | 30 HIGHWOOD LANE |
| 10 Nov 2023 | £423,244 | £412,500 | 50 MONKSGROVE |
| 22 Jun 2023 | £222,458 | £218,000 | 154 HIGHWOOD LANE |
| 14 Jun 2023 | £236,744 | £232,000 | 106 HIGHWOOD LANE |
| 3 Mar 2023 | £406,793 | £400,000 | 44 HIGHWOOD LANE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 23 Mar 2017. Using an estimated price of £242,176 means this house is valued at £3,363 per sq meter (£312 per sq foot).
The average size of a house on HIGHWOOD LANE is 80 sq meters (867 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Highwood Lane |
| Jul 2024 | Anti-social behaviour | On or near Highwood Lane | |
| Apr 2024 | Public order | Under investigation | On or near Highwood Lane |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Highwood Lane |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Highwood Lane |