£592,476
This estimated value is based upon the latest sale price for the house of £475,000 on 11 May 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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1 Valley Hill, Loughton, IG10 3AE
Phone: 02080339472
Price Paid | Date |
---|---|
£475,000 | 11 May 2018 |
£139,995 | 23 May 2000 |
Terraced |
Freehold |
Floor Area: 82 sq meters or 882 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 May 2018 the House Price Index for ESSEX was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £475,000 results in an estimated price of approximately £592,476.
11 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 148.6 | 24.732 % | £475,000 | £117,476 | £592,476 |
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 | -4.509 % | £-21,419 | £453,580 |
3 Month Average | -8.295 % | £-39,399 | £435,600 |
6 Month Average | 3.944 % | £18,732 | £493,732 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £527,734 | £518,500 | 55 AVONDALE DRIVE |
18 Sep 2023 | £658,419 | £650,000 | 97 SOUTHERN DRIVE |
8 Sep 2023 | £597,641 | £590,000 | 31 KENILWORTH GARDENS |
21 Jul 2023 | £527,094 | £520,000 | 75 SOUTHERN DRIVE |
22 Mar 2023 | £454,280 | £450,000 | 60 SOUTHERN DRIVE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 6 Feb 2018. Using an estimated price of £592,477 means this house is valued at £7,225 per sq meter (£671 per sq foot).
The average size of a house on SOUTHERN DRIVE is 81 sq meters (874 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other crime | Under investigation | On or near Southern Drive |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Avondale Drive |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Avondale Drive |
Feb 2024 | Robbery | Under investigation | On or near Elmhurst Way |
Jan 2024 | Public order | Awaiting court outcome | On or near Avondale Close |