£182,565
This estimated value is based upon the latest sale price for the house of £55,000 on 31 Jul 2001. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Simons Lane Magdalen Green
More crime details
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| Price Paid | Date |
|---|---|
| £55,000 | 31 Jul 2001 |
| Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 July 2001 the House Price Index for ESSEX was 44.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 231.938%.Applying this 231.938% change to the original purchase price of £55,000 results in an estimated price of approximately £182,565.
| 31 Jul 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.2 | 146.7 | 231.938 % | £55,000 | £127,565 | £182,565 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | 4660.695 % | £2,563,382 | £2,618,382 |
| 3 Month Average | 206.318 % | £113,475 | £168,475 |
| 6 Month Average | 203.762 % | £112,069 | £167,069 |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 11 Mar 2016.
The average size of a house on SIMONS LANE is 84 sq meters (907 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Simons Lane Magdalen Green |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Simons Lane Magdalen Green |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Simons Lane Magdalen Green |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Simons Lane Magdalen Green |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Simons Lane Magdalen Green |