£208,683
This estimated value is based upon the latest sale price for the house of £180,000 on 18 Nov 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£180,000 | 18 Nov 2020 |
Detached |
Freehold |
Floor Area: 65 sq meters or 701 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 2020 the House Price Index for ESSEX was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £180,000 results in an estimated price of approximately £208,683.
18 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £180,000 | £28,683 | £208,683 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 16.060 % | £28,908 | £208,908 |
3 Month Average | 10.600 % | £19,080 | £199,080 |
6 Month Average | 11.298 % | £20,337 | £200,337 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2023 | £117,860 | £116,750 | 40 LAKE WALK |
15 Jul 2022 | £308,330 | £307,500 | 1 LAKE AVENUE |
10 Jun 2022 | £213,010 | £210,000 | 46 COOPERS LANE |
8 Jun 2022 | £263,676 | £259,950 | 12 TRUNETTE ROAD |
11 May 2022 | £137,593 | £135,000 | 35 MARLBOROUGH CLOSE |
This house has a floor area of 65 sq meters or 701 sq feet when measured on 10 Nov 2011. Using an estimated price of £208,684 means this house is valued at £3,202 per sq meter (£297 per sq foot).
The average size of a house on MARLBOROUGH CLOSE is 101 sq meters (1,095 sq feet).
This house is the smallest in the street with a floor area of 65 sq meters (701 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Marlborough Close |
Feb 2024 | Drugs | Investigation complete; no suspect identified | On or near Marlborough Close |
Mar 2024 | Other crime | Under investigation | On or near Jameson Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jameson Road |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Coopers Lane |