£261,993
This estimated value is based upon the latest sale price for the house of £175,000 on 10 Oct 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £175,000 | 10 Oct 2014 |
| £116,000 | 22 Mar 2002 |
| £76,000 | 28 Oct 1999 |
| £57,000 | 30 Sep 1997 |
| Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 £175,000 results in an estimated price of approximately £261,993.
| 10 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £175,000 | £86,993 | £261,993 |
The Postcode Pricing Model uses changes in average sales price within the CO16 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 | 3.974 % | £6,954 | £181,954 |
| 3 Month Average | 41.728 % | £73,023 | £248,023 |
| 6 Month Average | 60.650 % | £106,138 | £281,138 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £275,841 | £272,500 | 8 DANIELL CLOSE |
| 9 Sep 2022 | £223,198 | £225,000 | 12 DIXON AVENUE |
| 24 Aug 2022 | £334,101 | £335,000 | 3 DORKING CRESCENT |
| 16 Jul 2021 | £287,316 | £250,000 | 3 EPSOM CLOSE |
| 9 Dec 2020 | £260,531 | £227,000 | 11 EPSOM CLOSE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 25 Apr 2014. Using an estimated price of £261,994 means this house is valued at £3,447 per sq meter (£320 per sq foot).
The average size of a house on HORLEY CLOSE is 77 sq meters (831 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Horley Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Horley Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Abinger Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abinger Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abinger Close |