£365,157
This estimated value is based upon the latest sale price for the house of £285,000 on 2 Jun 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £285,000 | 2 Jun 2017 |
| £164,000 | 13 Aug 2013 |
| £145,000 | 21 Dec 2005 |
| £59,000 | 16 Oct 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 June 2017 the House Price Index for ESSEX was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £285,000 results in an estimated price of approximately £365,157.
| 2 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £285,000 | £80,157 | £365,157 |
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 | 41.647 % | £118,694 | £403,694 |
| 3 Month Average | 17.101 % | £48,737 | £333,737 |
| 6 Month Average | 23.678 % | £67,482 | £352,482 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £396,945 | £390,000 | 446 IPSWICH ROAD |
| 11 Aug 2023 | £290,542 | £288,000 | 17 BELMONT CRESCENT |
| 11 Aug 2023 | £378,310 | £375,000 | 6 GLENDALE GROVE |
| 10 Aug 2023 | £322,824 | £320,000 | 59 CHALFONT ROAD |
| 31 Mar 2023 | £310,929 | £308,000 | 63 CHALFONT ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 8 Sep 2014. Using an estimated price of £365,158 means this house is valued at £4,681 per sq meter (£434 per sq foot).
The average size of a house on ARDEN CLOSE is 101 sq meters (1,087 sq feet).
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|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Arbour Way |
| Feb 2024 | Anti-social behaviour | On or near A1232 | |
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