£453,213
This estimated value is based upon the latest sale price for the house of £122,500 on 11 Aug 2000. This value is then adjusted by the current Official House Price Index for ESSEX 1
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5 Loughton Business Centre, Langston Road, Loughton, IG10 3FL
Phone: 02080331709
Price Paid | Date |
---|---|
£122,500 | 11 Aug 2000 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 925 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 2000 the House Price Index for ESSEX was 40.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 269.970%.Applying this 269.970% change to the original purchase price of £122,500 results in an estimated price of approximately £453,213.
11 Aug 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.2 | 148.6 | 269.970 % | £122,500 | £330,713 | £453,213 |
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 | 162.781 % | £199,406 | £321,906 |
3 Month Average | 213.977 % | £262,122 | £384,622 |
6 Month Average | 251.340 % | £307,891 | £430,391 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £456,139 | £450,000 | 11 KINGSLEY ROAD |
11 Jul 2023 | £506,821 | £500,000 | 211 THE BROADWAY |
8 Feb 2023 | £254,829 | £255,000 | 21B AUSTEN CLOSE |
20 Oct 2022 | £281,964 | £285,000 | 10 AUSTEN CLOSE |
1 Jun 2022 | £431,092 | £425,000 | 208 THE BROADWAY |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 25 Apr 2015. Using an estimated price of £453,214 means this house is valued at £5,269 per sq meter (£489 per sq foot).
The average size of a house on LYTTON CLOSE is 65 sq meters (704 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Lytton Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lytton Close |
Feb 2024 | Anti-social behaviour | On or near Lytton Close | |
Feb 2024 | Anti-social behaviour | On or near Lytton Close | |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lytton Close |