£275,197
This estimated value is based upon the latest sale price for the house of £70,000 on 12 Jan 2000. This value is then adjusted by the current Official House Price Index for ESSEX 1
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5 Loughton Business Centre, Langston Road, Loughton, IG10 3FL
Phone: 02080331709
| Price Paid | Date |
|---|---|
| £70,000 | 12 Jan 2000 |
| Detached |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 2000 the House Price Index for ESSEX was 37.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 293.139%.Applying this 293.139% change to the original purchase price of £70,000 results in an estimated price of approximately £275,197.
| 12 Jan 2000 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 37.3 | 146.7 | 293.139 % | £70,000 | £205,197 | £275,197 |
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 | 246.549 % | £172,584 | £242,584 |
| 3 Month Average | 253.582 % | £177,507 | £247,507 |
| 6 Month Average | 272.743 % | £190,919 | £260,919 |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 21 Mar 2013.
The average size of a house on CHIGWELL LANE is 66 sq meters (721 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Supermarket |
| Mar 2024 | Shoplifting | Local resolution | On or near Supermarket |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |