£327,049
This estimated value is based upon the latest sale price for the house of £159,995 on 30 Apr 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Hakewill Way
More crime details
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| Price Paid | Date |
|---|---|
| £159,995 | 30 Apr 2004 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 April 2004 the House Price Index for ESSEX was 72.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 104.412%.Applying this 104.412% change to the original purchase price of £159,995 results in an estimated price of approximately £327,049.
| 30 Apr 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 148.6 | 104.412 % | £159,995 | £167,054 | £327,049 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 94.352 % | £150,959 | £310,954 |
| 3 Month Average | 72.855 % | £116,563 | £276,558 |
| 6 Month Average | 94.083 % | £150,528 | £310,523 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £217,785 | £215,000 | 7 WALLACE ROAD |
| 29 Jun 2023 | £212,575 | £210,000 | 32 WALLACE ROAD |
| 9 Jun 2023 | £303,678 | £300,000 | 2 KNEVETT CLOSE |
| 20 Jan 2023 | £343,382 | £345,000 | 125 HAKEWILL WAY |
| 27 Jul 2022 | £167,952 | £167,500 | 5 WALLACE ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 2 Sep 2019. Using an estimated price of £327,049 means this house is valued at £5,840 per sq meter (£542 per sq foot).
The average size of a house on HAKEWILL WAY is 97 sq meters (1,049 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Hakewill Way |
| Mar 2024 | Anti-social behaviour | On or near Stevens Close | |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Stevens Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Stevens Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Stevens Close |