£551,061
This estimated value is based upon the latest sale price for the house of £390,000 on 4 Sep 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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960 Eastern Ave, Newbury Park, Essex, IG2 7JD
Phone: 02080333132
| Price Paid | Date |
|---|---|
| £390,000 | 4 Sep 2015 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in September 2015 the House Price Index for GREATER LONDON was 104.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 41.298%.Applying this 41.298% change to the original purchase price of £390,000 results in an estimated price of approximately £551,061.
| 4 Sep 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.0 | 41.298 % | £390,000 | £161,061 | £551,061 |
The Postcode Pricing Model uses changes in average sales price within the IG2 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 | 46.785 % | £182,460 | £572,460 |
| 3 Month Average | -15.834 % | £-61,751 | £328,248 |
| 6 Month Average | 21.470 % | £83,733 | £473,733 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2023 | £539,006 | £535,000 | 99 LEYSWOOD DRIVE |
| 22 Mar 2023 | £394,130 | £392,000 | 120 OAKS LANE |
| 20 Mar 2023 | £509,755 | £507,000 | 6 PAVILION TERRACE |
| 23 Jan 2023 | £545,211 | £550,000 | 10 NORTHDOWN GARDENS |
| 26 Aug 2022 | £506,577 | £510,000 | 84 OAKS LANE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 25 May 2015. Using an estimated price of £551,061 means this house is valued at £6,483 per sq meter (£602 per sq foot).
The average size of a house on OAKS LANE is 86 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Southdown Crescent | |
| Apr 2024 | Public order | Under investigation | On or near Southdown Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Southdown Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Southdown Crescent |
| Mar 2024 | Vehicle crime | Under investigation | On or near Southdown Crescent |