£534,766
This estimated value is based upon the latest sale price for the house of £350,000 on 15 Jul 2014. 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 |
|---|---|
| £350,000 | 15 Jul 2014 |
| Terraced |
| Freehold |
| Floor Area: 133 sq meters or 1,440 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 July 2014 the House Price Index for GREATER LONDON was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £350,000 results in an estimated price of approximately £534,766.
| 15 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £350,000 | £184,766 | £534,766 |
The Postcode Pricing Model uses changes in average sales price within the IG7 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 | -2.111 % | £-7,389 | £342,610 |
| 3 Month Average | -7.496 % | £-26,234 | £323,765 |
| 6 Month Average | 10.102 % | £35,357 | £385,357 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £468,192 | £460,000 | 214 BROCKET WAY |
| 18 Jul 2023 | £456,139 | £450,000 | 168 BROCKET WAY |
| 27 Jan 2023 | £432,961 | £435,000 | 163 BROCKET WAY |
| 29 Jul 2022 | £441,188 | £440,000 | 36 VERDERERS ROAD |
| 31 May 2022 | £439,277 | £431,000 | 145 BROCKET WAY |
This house has a floor area of 133 sq meters or 1,440 sq feet when measured on 5 Aug 2010. Using an estimated price of £534,767 means this house is valued at £3,994 per sq meter (£371 per sq foot).
The average size of a house on BEARING WAY is 90 sq meters (978 sq feet).
This house is the largest in the street with a floor area of 133 sq meters (1,440 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Bearing Way | |
| Jan 2024 | Anti-social behaviour | On or near Bearing Way | |
| Jan 2024 | Anti-social behaviour | On or near Bearing Way | |
| Jan 2024 | Anti-social behaviour | On or near Bearing Way | |
| Jan 2024 | Anti-social behaviour | On or near Bearing Way |