£512,875
This estimated value is based upon the latest sale price for the house of £415,000 on 2 Dec 2019. 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 |
---|---|
£415,000 | 2 Dec 2019 |
£442,500 | 6 Sep 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 78 sq meters or 839 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 2019 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £415,000 results in an estimated price of approximately £512,875.
2 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.585 % | £415,000 | £97,875 | £512,875 |
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 | -45.815 % | £-190,134 | £224,865 |
3 Month Average | 1.114 % | £4,625 | £419,625 |
6 Month Average | 5.380 % | £22,325 | £437,325 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2023 | £438,196 | £430,000 | 166 BORDERS LANE |
15 Feb 2022 | £454,277 | £430,000 | 6 LADYFIELDS CLOSE |
19 Jan 2022 | £450,584 | £425,000 | 48 BARRINGTON GREEN |
17 Nov 2021 | £953,330 | £875,000 | 1 LANDMARK HOUSE, 1 THE BROADWAY |
16 Sep 2020 | £328,947 | £275,000 | 25A THE BROADWAY |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 20 Jun 2017. Using an estimated price of £512,876 means this house is valued at £6,575 per sq meter (£610 per sq foot).
The average size of a house on THE BROADWAY is 74 sq meters (801 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Under investigation | On or near Barrington Green |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Barrington Green |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Barrington Green |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Barrington Green |
Jul 2024 | Drugs | Awaiting court outcome | On or near Barrington Green |