£873,150
This estimated value is based upon the latest sale price for the house of £627,000 on 16 Nov 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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1 Valley Hill, Loughton, IG10 3AE
Phone: 02080339472
Price Paid | Date |
---|---|
£627,000 | 16 Nov 2015 |
Semi-Detached |
Freehold |
Floor Area: 130 sq meters or 1,399 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 November 2015 the House Price Index for ESSEX was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £627,000 results in an estimated price of approximately £873,150.
16 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 148.6 | 39.258 % | £627,000 | £246,150 | £873,150 |
The Postcode Pricing Model uses changes in average sales price within the IG9 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 | 20.406 % | £127,947 | £754,947 |
3 Month Average | 16.853 % | £105,671 | £732,671 |
6 Month Average | 26.192 % | £164,224 | £791,224 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £539,722 | £535,000 | 41 BLACKMORE ROAD |
18 Aug 2023 | £696,090 | £690,000 | 27 BLACKMORE ROAD |
19 Jul 2023 | £686,236 | £677,000 | 49 LOUGHTON WAY |
30 Mar 2023 | £726,848 | £720,000 | 57 BLACKMORE ROAD |
8 Feb 2023 | £1,039,301 | £1,040,000 | 108 ROUS ROAD |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 15 Jul 2015. Using an estimated price of £873,151 means this house is valued at £6,716 per sq meter (£623 per sq foot).
The average size of a house on LOUGHTON WAY is 110 sq meters (1,194 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blackmore Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Blackmore Road |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Pentlow Way |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Loughton Way |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Loughton Way |