£440,197
This estimated value is based upon the latest sale price for the house of £265,000 on 31 Jul 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £265,000 | 31 Jul 2013 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 2013 the House Price Index for ESSEX was 89.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.112%.Applying this 66.112% change to the original purchase price of £265,000 results in an estimated price of approximately £440,197.
| 31 Jul 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 148.6 | 66.112 % | £265,000 | £175,197 | £440,197 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 73.627 % | £195,111 | £460,111 |
| 3 Month Average | 53.340 % | £141,351 | £406,351 |
| 6 Month Average | 76.780 % | £203,466 | £468,466 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £281,793 | £278,000 | 22 SWAN CLOSE |
| 9 Nov 2022 | £313,206 | £317,000 | 8 MASCOT SQUARE |
| 6 Apr 2022 | £361,459 | £351,000 | 29 ELMSTEAD ROAD |
| 15 Dec 2021 | £263,559 | £246,000 | 8 ELMSTEAD ROAD |
| 12 Jul 2021 | £137,912 | £120,000 | 9 CLINGOE COURT ELMSTEAD ROAD |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 10 Aug 2021. Using an estimated price of £440,197 means this house is valued at £3,334 per sq meter (£309 per sq foot).
The average size of a house on SWAN CLOSE is 100 sq meters (1,086 sq feet).
This house is the largest in the street with a floor area of 132 sq meters (1,420 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Swan Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Swan Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Elmstead Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mascot Square |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Capstan Place |