£444,599
This estimated value is based upon the latest sale price for the house of £120,000 on 30 Jun 2000. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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UNIT 12, 97 – 101 PEREGRINE ROAD, HAINAULT BUSINESS PARK, ESSEX, IG6 3UT
Phone: 02036415458
| Price Paid | Date |
|---|---|
| £120,000 | 30 Jun 2000 |
| £72,500 | 17 Feb 1997 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 June 2000 the House Price Index for GREATER LONDON was 39.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 270.499%.Applying this 270.499% change to the original purchase price of £120,000 results in an estimated price of approximately £444,599.
| 30 Jun 2000 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.6 | 146.7 | 270.499 % | £120,000 | £324,599 | £444,599 |
The Postcode Pricing Model uses changes in average sales price within the IG6 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 | 308.902 % | £370,682 | £490,682 |
| 3 Month Average | 281.609 % | £337,931 | £457,931 |
| 6 Month Average | 292.839 % | £351,407 | £471,407 |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 23 May 2014.
The average size of a house on HANNARDS WAY is 89 sq meters (966 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Reservoir Way |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Reservoir Way |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Reservoir Way |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Newton Road |
| Dec 2023 | Anti-social behaviour | On or near Newton Road |