£371,500
This estimated value is based upon the latest sale price for the house of £250,000 on 14 Jan 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £250,000 | 14 Jan 2015 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 January 2015 the House Price Index for ESSEX was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £250,000 results in an estimated price of approximately £371,500.
| 14 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £250,000 | £121,500 | £371,500 |
The Postcode Pricing Model uses changes in average sales price within the CO2 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 | 46.564 % | £116,409 | £366,409 |
| 3 Month Average | 35.651 % | £89,128 | £339,128 |
| 6 Month Average | 46.057 % | £115,141 | £365,141 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2023 | £371,500 | £367,500 | 6 SWALLOWDALE |
| 14 Sep 2022 | £272,797 | £275,000 | 36 CAVENDISH AVENUE |
| 31 Aug 2022 | £448,792 | £450,000 | 68 ABBOTS ROAD |
| 28 Apr 2022 | £414,494 | £402,500 | 10 DARCY ROAD |
| 31 Mar 2022 | £383,417 | £370,000 | 16 SWALLOWDALE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 5 Nov 2014. Using an estimated price of £371,500 means this house is valued at £3,377 per sq meter (£313 per sq foot).
The average size of a house on ABBOTS ROAD is 97 sq meters (1,045 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Swallowdale |
| Jan 2024 | Drugs | Local resolution | On or near Swallowdale |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Swallowdale |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Swallowdale |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Swallowdale |