£421,151
This estimated value is based upon the latest sale price for the house of £250,000 on 3 Dec 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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1 Valley Hill, Loughton, IG10 3AE
Phone: 02080339472
| Price Paid | Date |
|---|---|
| £250,000 | 3 Dec 2012 |
| £197,000 | 28 Jul 2003 |
| £74,000 | 25 Jul 1997 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 2012 the House Price Index for ESSEX was 87.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 68.461%.Applying this 68.461% change to the original purchase price of £250,000 results in an estimated price of approximately £421,151.
| 3 Dec 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.0 | 68.461 % | £250,000 | £171,151 | £421,151 |
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 | 54.196 % | £135,491 | £385,491 |
| 3 Month Average | 50.391 % | £125,978 | £375,978 |
| 6 Month Average | 50.586 % | £126,464 | £376,464 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £550,413 | £540,000 | 53 VALLEY HILL |
| 13 Nov 2023 | £658,453 | £650,000 | 72 VALLEY HILL |
| 21 Jul 2023 | £524,966 | £520,000 | 75 SOUTHERN DRIVE |
| 22 Mar 2023 | £452,446 | £450,000 | 60 SOUTHERN DRIVE |
| 1 Nov 2022 | £628,311 | £638,500 | 92 AVONDALE DRIVE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 30 Nov 2015. Using an estimated price of £421,152 means this house is valued at £7,019 per sq meter (£652 per sq foot).
The average size of a house on SOUTHERN DRIVE is 81 sq meters (874 sq feet).
This house is the smallest in the street with a floor area of 60 sq meters (645 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Meadway |
| Apr 2024 | Vehicle crime | Under investigation | On or near Valley Hill |
| Apr 2024 | Anti-social behaviour | On or near Valley Hill | |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Valley Hill |
| Feb 2024 | Anti-social behaviour | On or near Valley Hill |