£347,311
This estimated value is based upon the latest sale price for the house of £200,000 on 28 Jun 2006. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£200,000 | 28 Jun 2006 |
£126,000 | 2 Aug 2002 |
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 June 2006 the House Price Index for ESSEX was 85.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.656%.Applying this 73.656% change to the original purchase price of £200,000 results in an estimated price of approximately £347,311.
28 Jun 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.6 | 148.6 | 73.656 % | £200,000 | £147,311 | £347,311 |
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 | 106.147 % | £212,293 | £412,293 |
3 Month Average | 35.776 % | £71,552 | £271,552 |
6 Month Average | 46.250 % | £92,499 | £292,499 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jun 2023 | £390,227 | £385,500 | 26 PEVENSEY DRIVE |
27 Mar 2023 | £323,043 | £320,000 | 16 PEVENSEY DRIVE |
18 Jul 2022 | £386,039 | £385,000 | 1 SANDWICH ROAD |
10 Dec 2021 | £316,056 | £295,000 | 8 LULWORTH CLOSE |
20 Aug 2021 | £379,309 | £340,000 | 2 PEVENSEY DRIVE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 21 Jul 2014. Using an estimated price of £347,312 means this house is valued at £3,157 per sq meter (£293 per sq foot).
The average size of a house on CHERRY TREE AVENUE is 84 sq meters (909 sq feet).
This house is the largest in the street with a floor area of 110 sq meters (1,184 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near West Road |
Feb 2024 | Other crime | Further investigation is not in the public interest | On or near West Road |
Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Plymouth Road |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Portsmouth Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Portsmouth Road |