£176,016
This estimated value is based upon the latest sale price for the house of £117,500 on 8 Aug 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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5 Loughton Business Centre, Langston Road, Loughton, IG10 3FL
Phone: 02080331709
Price Paid | Date |
---|---|
£117,500 | 8 Aug 2014 |
£29,000 | 3 May 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 31 sq meters or 333 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 August 2014 the House Price Index for ESSEX was 98.1.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 49.801%.Applying this 49.801% change to the original purchase price of £117,500 results in an estimated price of approximately £176,016.
8 Aug 2014 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 147.0 | 49.801 % | £117,500 | £58,516 | £176,016 |
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 | -26.598 % | £-31,253 | £86,246 |
3 Month Average | 42.913 % | £50,423 | £167,923 |
6 Month Average | 47.742 % | £56,097 | £173,597 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Oct 2023 | £276,559 | £277,500 | 55 HEREWARD GREEN |
4 Aug 2023 | £148,986 | £150,000 | 57 HEREWARD GREEN |
16 Sep 2022 | £416,500 | £425,000 | 230 CHESTER ROAD |
29 Jul 2022 | £421,274 | £425,000 | 222 CHESTER ROAD |
8 Apr 2022 | £223,961 | £220,000 | 77 WILLINGALE ROAD |
This house has a floor area of 31 sq meters or 333 sq feet when measured on 21 Dec 2018. Using an estimated price of £176,017 means this house is valued at £5,677 per sq meter (£527 per sq foot).
The average size of a house on HEREWARD GREEN is 41 sq meters (449 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hereward Green |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hereward Green |
Nov 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hereward Green |
Nov 2023 | Violence and sexual offences | Awaiting court outcome | On or near Hereward Green |
Nov 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hereward Green |