£290,065
This estimated value is based upon the latest sale price for the house of £113,000 on 25 Nov 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £113,000 | 25 Nov 2002 |
| £68,250 | 5 May 2000 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 614 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 November 2002 the House Price Index for ESSEX was 57.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 156.695%.Applying this 156.695% change to the original purchase price of £113,000 results in an estimated price of approximately £290,065.
| 25 Nov 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 148.6 | 156.695 % | £113,000 | £177,065 | £290,065 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | 76.730 % | £86,704 | £199,704 |
| 3 Month Average | 79.543 % | £89,883 | £202,883 |
| 6 Month Average | 125.058 % | £141,315 | £254,315 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £198,403 | £196,000 | 94 CONSTANCE CLOSE |
| 28 Apr 2023 | £192,068 | £190,000 | 118 CONSTANCE CLOSE |
| 2 Mar 2023 | £333,139 | £330,000 | 1 CARRAWAYS |
| 20 Jan 2023 | £323,476 | £325,000 | 156 CONSTANCE CLOSE |
| 30 Aug 2022 | £304,181 | £305,000 | 164 CONSTANCE CLOSE |
This house has a floor area of 57 sq meters or 614 sq feet when measured on 14 Jan 2009. Using an estimated price of £290,065 means this house is valued at £5,080 per sq meter (£472 per sq foot).
The average size of a house on CONSTANCE CLOSE is 56 sq meters (605 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Constance Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Constance Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Constance Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Carraways |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carraways |