£447,509
This estimated value is based upon the latest sale price for the house of £268,000 on 18 Dec 2012. 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 |
|---|---|
| £268,000 | 18 Dec 2012 |
| £215,000 | 31 Jan 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 2012 the House Price Index for GREATER LONDON was 87.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 66.981%.Applying this 66.981% change to the original purchase price of £268,000 results in an estimated price of approximately £447,509.
| 18 Dec 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 146.7 | 66.981 % | £268,000 | £179,509 | £447,509 |
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 | 30.578 % | £81,950 | £349,950 |
| 3 Month Average | 21.911 % | £58,722 | £326,722 |
| 6 Month Average | 35.866 % | £96,120 | £364,120 |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 29 Jul 2014.
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 |