£767,940
This estimated value is based upon the latest sale price for the house of £575,000 on 30 Jun 2016. 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 |
---|---|
£575,000 | 30 Jun 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 122 sq meters or 1,313 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 June 2016 the House Price Index for ESSEX was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £575,000 results in an estimated price of approximately £767,940.
30 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 148.6 | 33.555 % | £575,000 | £192,940 | £767,940 |
The Postcode Pricing Model uses changes in average sales price within the IG7 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 | 6.992 % | £40,202 | £615,202 |
3 Month Average | -20.835 % | £-119,803 | £455,196 |
6 Month Average | -12.038 % | £-69,220 | £505,779 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £377,574 | £373,000 | 27 TORRINGTON GARDENS |
21 Apr 2023 | £428,615 | £424,000 | 20 TORRINGTON GARDENS |
21 Oct 2022 | £460,047 | £465,000 | 14A KINGSLEY ROAD |
22 Jul 2022 | £491,323 | £490,000 | 48 TORRINGTON GARDENS |
27 Jun 2022 | £963,618 | £950,000 | UNIT 5 PROSPECT BUSINESS PARK |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 2 Jul 2021. Using an estimated price of £767,941 means this house is valued at £6,294 per sq meter (£584 per sq foot).
The average size of a house on ABRIDGE ROAD is 199 sq meters (2,149 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |
Feb 2024 | Robbery | Unable to prosecute suspect | On or near Parking Area |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
Feb 2024 | Anti-social behaviour | On or near Parking Area | |
Feb 2024 | Anti-social behaviour | On or near Parking Area |