£391,062
This estimated value is based upon the latest sale price for the house of £109,950 on 1 Dec 2000. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Oaks Lane
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960 Eastern Ave, Newbury Park, Essex, IG2 7JD
Phone: 02080333132
| Price Paid | Date |
|---|---|
| £109,950 | 1 Dec 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 December 2000 the House Price Index for GREATER LONDON was 41.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 255.673%.Applying this 255.673% change to the original purchase price of £109,950 results in an estimated price of approximately £391,062.
| 1 Dec 2000 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.2 | 146.7 | 255.673 % | £109,950 | £281,112 | £391,062 |
The Postcode Pricing Model uses changes in average sales price within the IG2 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 | 202.082 % | £222,189 | £332,139 |
| 3 Month Average | 184.927 % | £203,327 | £313,277 |
| 6 Month Average | 206.068 % | £226,571 | £336,521 |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 14 Mar 2015.
The average size of a house on OAKS LANE is 86 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Oaks Lane |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Oaks Lane |
| Jan 2024 | Anti-social behaviour | On or near Oaks Lane | |
| Jan 2024 | Other theft | Under investigation | On or near Oaks Lane |
| Jan 2024 | Robbery | Under investigation | On or near Oaks Lane |