£497,052
This estimated value is based upon the latest sale price for the house of £490,000 on 20 Oct 2023. 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 |
|---|---|
| £490,000 | 20 Oct 2023 |
| Detached |
| Freehold |
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 October 2023 the House Price Index for ESSEX was 145.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.439%.Applying this 1.439% change to the original purchase price of £490,000 results in an estimated price of approximately £497,052.
| 20 Oct 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 148.0 | 1.439 % | £490,000 | £7,052 | £497,052 |
The Postcode Pricing Model uses changes in average sales price within the EN9 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 | 13.789 % | £67,563 | £557,563 |
| 3 Month Average | 4.843 % | £23,729 | £513,729 |
| 6 Month Average | 3.552 % | £17,404 | £507,404 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £835,813 | £820,000 | FERNSIDE COPTHALL GREEN |
| 24 Nov 2023 | £592,608 | £585,000 | 1 WILLMOTT COTTAGE COPTHALL GREEN |
| 27 Mar 2023 | £2,764,946 | £2,750,000 | THE COACH HOUSE WOODREDON FARM LANE |
| 28 Sep 2022 | £1,318,958 | £1,334,999 | RED COTTAGE WOODREDON FARM WOODREDON FARM LANE |
| 10 Jun 2022 | £818,293 | £810,000 | 21 WOODGREEN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Rugged Lane |
| Mar 2024 | Anti-social behaviour | On or near Horseshoe Hill | |
| Mar 2024 | Anti-social behaviour | On or near Horseshoe Hill | |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Horseshoe Hill |
| Apr 2024 | Other theft | Under investigation | On or near Parking Area |