Loughton

Area Guide For Loughton

Loughton is an ancient village, modern district and civil parish in Milton Keynes, Buckinghamshire, England. The village spreads between Watling Street and the modern A5 road, to the west of, and about 1 mile from, the city centre. The village name is an Old English language word, and means 'Luhha's estate'. In the Domesday Book of 1086 the village was recorded as Lochintone. All Saints Church is the oldest surviving building in Loughton the chancel and nave probably date from the first years of the 13th century, though all the original details have been removed during subsequent alterations. The civil parish of Loughton also includes the National Bowl Elfield Park, West Rooksley, Great Holm/Loughton Lodge, Knowlhill. It is bordered by H4 Dansteed Way to the north, V4 Watling Street to the west, a tiny stretch of H8 Standing Way to the south, and the west coast railway line. The original village has now been incorporated into the modern 'grid square' of Loughton. However much of the character of the old village remains; to the north-east of Bradwell Road the area bounded by School Lane and Church Lane contains the Church and remnants of the original parish of Great

 
 

Loughton Map

Estimated Price: £466,790
Average Asking Price: £661,138
Price change in last one year: £46,667
Average Price Paid: £361,281
Average Rent Rates: £2,106

 
 

Property Prices Breakdown in Loughton

Average Price for property in Loughton is around £466,790 which varies based on type of property you are interested in and ranges from £936,914 for detached house to around £429,634 for semi-detached. Similarly terraced house is around £339,823 and a flat is worth £236,604. Values have been changing and have risen £8,007 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £22,799 in last 6 months, £46,667 in last 1 year, £60,974 in last 2 years, £88,580 in last 3 years, £94,325 in last 4 years and £88,501 in last 5 years.

Currently average asking price of a property in Loughton is around £661,138 based on approximately 469 properties for sale. Same is the case with rental options based on 76 properties up for rent, average asking rent is around £2,106 per month.

Estimated property value in Loughton is £466,790. Average asking price is £661,138 while average price paid is £413,569 which is up by £46,667 and Avg. asking rent £2,106.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Loughton area. In last 1 year alone average price buyer paid is around £413,569 based on approximately 469 sales in Loughton area alone. If you compare it to last 3 years sales of 1,440 properties where buyers paid around £381,665. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £361,281 for 2,374 and average amount paid for purchase of approx. 3,125 properties sold in last 7 years comes to about £351,209 per sale.

 
 

Properties For Sale in Loughton

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £200,333, £353,333 for a 2 bedroom house, £510,858 for a 3 bedroom house, £786,722 for a 4 bedroom house and £1,040,833 for a 5 bedroom house. For a flat similarly the prices varies from £202,399 for a single bedroom to £253,622 for a 2 bedroom Flat. To sum up the asking prices for properties in Loughton it comes to around average £201,272 for 1 bedroom property, £313,449 for 2 bedroom, £510,858 for 3 bedroom, £786,722 for 4 bedroom and £1,040,833 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £1,137 for 1 bedroom to £1,285 for 2 bedrooms, £1,545 for 3 bedrooms, £2,155 for 4 bedrooms and £3,988 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,457. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,171 and £1,148 for 3 bedroom. You should be generally be expecting around average £1,297 rent per month for single bedroom property, £1,211 for 2 bedroom, £1,512 for 3 bedroom, £2,155 for 4 bedroom and approximately £3,988 for a 5 bedroom property in Loughton area.

Popular Houses in Loughton

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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