£569,568
This estimated value is based upon the latest sale price for the house of £487,500 on 23 Oct 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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9-11 High Beech Road, Loughton, IG10 4BN
Phone: 02080334212
Price Paid | Date |
---|---|
£487,500 | 23 Oct 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 sq meters or 592 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 October 2020 the House Price Index for ESSEX was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £487,500 results in an estimated price of approximately £569,568.
23 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 148.0 | 16.835 % | £487,500 | £82,068 | £569,568 |
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 | -6.405 % | £-31,225 | £456,274 |
3 Month Average | -6.780 % | £-33,051 | £454,448 |
6 Month Average | -7.088 % | £-34,554 | £452,945 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 May 2022 | £761,317 | £750,000 | 5 SHAFTESBURY |
22 Apr 2022 | £584,615 | £570,000 | 155 FOREST ROAD |
25 Jan 2022 | £1,126,771 | £1,075,000 | 101 FOREST ROAD |
30 Nov 2021 | £748,617 | £695,000 | 18 SHAFTESBURY |
30 Sep 2021 | £724,438 | £675,000 | 23 FOREST ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 3 Feb 2020. Using an estimated price of £569,569 means this house is valued at £10,355 per sq meter (£962 per sq foot).
The average size of a house on FOREST ROAD is 83 sq meters (903 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Royal Oak Close |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Forest Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Forest Road |
Apr 2024 | Anti-social behaviour | On or near Smart'S Lane | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Smart'S Lane |