£381,591
This estimated value is based upon the latest sale price for the house of £240,000 on 16 May 2008. 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 Norman Close
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Abbey Filling Station, Farm Hill Road, Waltham Abbey, EN9 1NN
Phone: 01992800786
| Price Paid | Date |
|---|---|
| £240,000 | 16 May 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,163 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 May 2008 the House Price Index for ESSEX was 93.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.996%.Applying this 58.996% change to the original purchase price of £240,000 results in an estimated price of approximately £381,591.
| 16 May 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 148.6 | 58.996 % | £240,000 | £141,591 | £381,591 |
The Postcode Pricing Model uses changes in average sales price within the EN9 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 | 60.792 % | £145,899 | £385,899 |
| 3 Month Average | 137.590 % | £330,215 | £570,215 |
| 6 Month Average | 94.512 % | £226,828 | £466,828 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jul 2023 | £425,730 | £420,000 | 16 TUDOR WAY |
| 31 Jan 2023 | £204,039 | £205,000 | FLAT 12 MANOR COURT MANOR ROAD |
| 30 Jan 2023 | £542,445 | £545,000 | 9A MONKSWOOD AVENUE |
| 16 Jun 2022 | £217,068 | £214,000 | FLAT 4 MANOR COURT MANOR ROAD |
| 30 Mar 2022 | £569,944 | £550,000 | 8 NORMAN CLOSE |
This house has a floor area of 108 sq meters or 1,163 sq feet when measured on 7 Nov 2008. Using an estimated price of £381,591 means this house is valued at £3,530 per sq meter (£327 per sq foot).
The average size of a house on TUDOR WAY is 113 sq meters (1,223 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Norman Close |
| Feb 2024 | Criminal damage and arson | Local resolution | On or near Norman Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Norman Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norman Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norman Close |