£475,109
This estimated value is based upon the latest sale price for the house of £398,000 on 17 Jul 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Unit 2 Buckingham Court, Rectory Lane, Loughton, IG10 2QZ
Phone: 02036414033
| Price Paid | Date |
|---|---|
| £398,000 | 17 Jul 2020 |
| £245,000 | 25 Jan 2013 |
| £250,000 | 5 Aug 2011 |
| £96,995 | 17 Nov 1997 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 July 2020 the House Price Index for ESSEX was 122.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 19.374%.Applying this 19.374% change to the original purchase price of £398,000 results in an estimated price of approximately £475,109.
| 17 Jul 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 146.7 | 19.374 % | £398,000 | £77,109 | £475,109 |
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 | -24.915 % | £-99,163 | £298,836 |
| 3 Month Average | -6.653 % | £-26,480 | £371,519 |
| 6 Month Average | 0.805 % | £3,204 | £401,204 |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 5 Feb 2020.
The average size of a house on CEDAR DRIVE is 74 sq meters (797 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Possession of weapons | Awaiting court outcome | On or near Cedar Drive |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Cedar Drive |
| Jan 2024 | Public order | Offender given a caution | On or near Beech Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Beech Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mead Close |