Full Address

76 HEREWARD GREEN
LOUGHTON
ESSEX
UNITED KINGDOM
IG10 2HF

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Transactions for this house
Price PaidDate
£160,00026 Nov 2007
£79,00020 Dec 2000
£66,5003 Dec 1999
£54,0004 Nov 1996
House Details
Flats/Maisonettes
Leasehold

House Price Models

Land Registry House Price Index Model

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 November 2007 the House Price Index for ESSEX was 91.6.

The House Price Index as of 1 Dec 2019 is 131.8 which is a change of 43.823%.

Applying this 43.823% change to the original purchase price of £160,000 gives us an estimated price now of around £230,116.

26 Nov 2007 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
91.6 131.8 43.823 % £160,000 £70,116 £230,116

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 36.399 % £58,237 £218,237
3 Month Average 73.864 % £118,182 £278,182
6 Month Average 65.511 % £104,817 £264,817

In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.

In November 2007 the average sale price for the 50 nearest sales within three miles of 76 HEREWARD GREEN was £268,705.

In August 2020 the average sale price for the 20 nearest sales was £456,912. This is a change of 70.042%.

So taking the original purchase price of £160,000 and adjusting it by 70.042% gives an estimated price of £272,067.

View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.

Average price on 26 Nov 2007 Average price on 25 Aug 2020 % change Purchase Price Gain / Loss Estimated Price
£268,705 £456,912 70.042 % £160,000 £112,067 £272,067
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
17 Sep 2019 £371,920 £370,000 46 WILLINGALE ROAD
28 Aug 2019 £224,176 £222,000 55 HEREWARD GREEN
2 Aug 2019 £419,067 £415,000 127 COLEBROOK LANE
26 Jul 2019 £171,421 £170,000 59 HEREWARD GREEN
22 Feb 2019 £434,868 £430,000 244 CHESTER ROAD

Show these sales on a map

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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