£399,639
This estimated value is based upon the latest sale price for the house of £260,000 on 25 Jun 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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1 Lower Road, Loughton, IG10 2RS
Phone: 02081152359
Price Paid | Date |
---|---|
£260,000 | 25 Jun 2014 |
£189,950 | 26 May 2006 |
£75,000 | 31 Mar 1999 |
£63,500 | 16 Jun 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 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 June 2014 the House Price Index for ESSEX was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £260,000 results in an estimated price of approximately £399,639.
25 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.7 | 148.6 | 53.707 % | £260,000 | £139,639 | £399,639 |
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 | -3.961 % | £-10,298 | £249,701 |
3 Month Average | 34.794 % | £90,464 | £350,464 |
6 Month Average | 47.274 % | £122,911 | £382,911 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £460,558 | £452,500 | 67 ENGLANDS LANE |
24 Aug 2023 | £408,574 | £405,000 | 40 LOWER ROAD |
23 Jan 2023 | £303,570 | £305,000 | 6 FORESTERS COURT THE CROFT |
19 Jan 2023 | £298,593 | £300,000 | 3 FORESTERS COURT THE CROFT |
25 Jul 2022 | £481,296 | £480,000 | 26 LOWER ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 17 Dec 2013. Using an estimated price of £399,639 means this house is valued at £8,325 per sq meter (£773 per sq foot).
The average size of a house on GOLDINGS ROAD is 86 sq meters (927 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Seymour'S |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Goldings Road |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Goldings Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lower Road |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Lower Road |