£266,876
This estimated value is based upon the latest sale price for the house of £227,500 on 7 Oct 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£227,500 | 7 Oct 2020 |
£250,000 | 28 Jul 2017 |
£103,000 | 26 Oct 2001 |
£58,500 | 7 Jul 1995 |
Detached |
Freehold |
Floor Area: 68 sq meters or 731 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 2020 the House Price Index for ESSEX was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £227,500 results in an estimated price of approximately £266,876.
7 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 148.6 | 17.308 % | £227,500 | £39,376 | £266,876 |
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 | -0.333 % | £-757 | £226,742 |
3 Month Average | -5.441 % | £-12,378 | £215,121 |
6 Month Average | -4.505 % | £-10,248 | £217,251 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2023 | £285,498 | £283,000 | 8 NEASDEN AVENUE |
1 Aug 2023 | £337,957 | £335,000 | 3 STANMORE CLOSE |
1 Mar 2023 | £323,043 | £320,000 | 28 NEASDEN AVENUE |
10 Feb 2023 | £169,886 | £170,000 | 13 MUSWELL WALK |
19 Aug 2022 | £249,329 | £250,000 | 3 ROMNEY CLOSE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 20 Jan 2017. Using an estimated price of £266,876 means this house is valued at £3,924 per sq meter (£364 per sq foot).
The average size of a house on STANMORE CLOSE is 82 sq meters (890 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Stanmore Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stanmore Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Neasden Avenue |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Neasden Avenue |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Neasden Avenue |