£505,185
This estimated value is based upon the latest sale price for the house of £415,000 on 2 Aug 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
5 Loughton Business Centre, Langston Road, Loughton, IG10 3FL
Phone: 02080331709
Price Paid | Date |
---|---|
£415,000 | 2 Aug 2019 |
£249,995 | 14 Dec 2007 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 914 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 August 2019 the House Price Index for ESSEX was 120.8.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 21.732%.Applying this 21.732% change to the original purchase price of £415,000 results in an estimated price of approximately £505,185.
2 Aug 2019 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 147.0 | 21.732 % | £415,000 | £90,185 | £505,185 |
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 | -34.523 % | £-143,270 | £271,729 |
3 Month Average | 5.749 % | £23,857 | £438,857 |
6 Month Average | 7.582 % | £31,464 | £446,464 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Oct 2023 | £276,559 | £277,500 | 55 HEREWARD GREEN |
4 Aug 2023 | £148,986 | £150,000 | 57 HEREWARD GREEN |
23 Jun 2022 | £410,838 | £410,000 | 197 COLEBROOK LANE |
7 Mar 2022 | £312,657 | £305,000 | 102 HEREWARD GREEN |
30 Sep 2021 | £276,957 | £260,000 | 68 HEREWARD GREEN |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 14 Aug 2018. Using an estimated price of £505,186 means this house is valued at £5,943 per sq meter (£552 per sq foot).
The average size of a house on COLEBROOK LANE is 77 sq meters (830 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hereward Green |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hereward Green |
Nov 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hereward Green |
Nov 2023 | Criminal damage and arson | Awaiting court outcome | On or near Hereward Green |
Nov 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hereward Green |