£636,270
This estimated value is based upon the latest sale price for the house of £425,000 on 22 Oct 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £425,000 | 22 Oct 2014 |
| Detached |
| Freehold |
| Floor Area: 171 sq meters or 1,840 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 2014 the House Price Index for ESSEX was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £425,000 results in an estimated price of approximately £636,270.
| 22 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £425,000 | £211,270 | £636,270 |
The Postcode Pricing Model uses changes in average sales price within the CO13 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 | -34.503 % | £-146,636 | £278,363 |
| 3 Month Average | 20.486 % | £87,064 | £512,064 |
| 6 Month Average | 42.877 % | £182,225 | £607,225 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £595,207 | £590,000 | 31 GREENWAY |
| 21 Jul 2023 | £560,038 | £552,500 | 22 GREENWAY |
| 16 Mar 2022 | £481,862 | £465,000 | SANDYPAWS, 15 GREENWAY |
| 20 Oct 2021 | £343,008 | £310,000 | 83 POLE BARN LANE |
| 10 Sep 2021 | £161,639 | £150,000 | 26 GREENWAY |
This house has a floor area of 171 sq meters or 1,840 sq feet when measured on 23 Oct 2012. Using an estimated price of £636,270 means this house is valued at £3,720 per sq meter (£345 per sq foot).
The average size of a house on GLEBE WAY is 135 sq meters (1,453 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Possession of weapons | Local resolution | On or near St Mary'S Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greenway |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greenway |
| Dec 2023 | Criminal damage and arson | Awaiting court outcome | On or near Greenway |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Greenway |