£270,286
This estimated value is based upon the latest sale price for the house of £205,000 on 24 Jun 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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UNIT 12, 97 – 101 PEREGRINE ROAD, HAINAULT BUSINESS PARK, ESSEX, IG6 3UT
Phone: 02036415458
| Price Paid | Date |
|---|---|
| £205,000 | 24 Jun 2016 |
| £130,000 | 27 May 2008 |
| £38,500 | 29 Sep 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 June 2016 the House Price Index for GREATER LONDON was 111.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.847%.Applying this 31.847% change to the original purchase price of £205,000 results in an estimated price of approximately £270,286.
| 24 Jun 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 146.7 | 31.847 % | £205,000 | £65,286 | £270,286 |
The Postcode Pricing Model uses changes in average sales price within the IG6 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 | 14.487 % | £29,698 | £234,698 |
| 3 Month Average | 11.932 % | £24,460 | £229,460 |
| 6 Month Average | 18.362 % | £37,641 | £242,641 |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 2 Feb 2016.
The average size of a house on MERLIN CLOSE is 57 sq meters (616 sq feet).
This house is the smallest in the street with a floor area of 42 sq meters (452 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Merlin Close |
| Jan 2024 | Anti-social behaviour | On or near Marlyon Road | |
| Jan 2024 | Anti-social behaviour | On or near Marlyon Road | |
| Jan 2024 | Anti-social behaviour | On or near Marlyon Road | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kestrel Close |