£1,432,744
This estimated value is based upon the latest sale price for the house of £1,150,000 on 29 Oct 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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1 Lower Road, Loughton, IG10 2RS
Phone: 02081152359
| Price Paid | Date |
|---|---|
| £1,150,000 | 29 Oct 2017 |
| £710,000 | 29 Sep 2004 |
| Detached |
| Freehold |
| Floor Area: 186 sq meters or 2,002 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 October 2017 the House Price Index for ESSEX was 117.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.586%.Applying this 24.586% change to the original purchase price of £1,150,000 results in an estimated price of approximately £1,432,744.
| 29 Oct 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 146.7 | 24.586 % | £1,150,000 | £282,744 | £1,432,744 |
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 | -3.274 % | £-37,647 | £1,112,352 |
| 3 Month Average | -10.781 % | £-123,985 | £1,026,014 |
| 6 Month Average | 8.760 % | £100,741 | £1,250,741 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £514,501 | £510,000 | 14 WROTHS PATH |
| 12 Feb 2023 | £771,481 | £772,000 | 25 SEDLEY RISE |
| 16 Nov 2022 | £956,415 | £968,000 | 76 SEDLEY RISE |
| 18 Nov 2021 | £1,135,590 | £1,050,000 | 11 WALLERS HOPPET |
| 29 Oct 2021 | £752,405 | £680,000 | 17 BALDWINS HILL |
This house has a floor area of 186 sq meters or 2,002 sq feet when measured on 3 Feb 2017. Using an estimated price of £1,451,301 means this house is valued at £7,802 per sq meter (£724 per sq foot).
The average size of a house on BALDWINS HILL is 167 sq meters (1,807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashfields |