£286,284
This estimated value is based upon the latest sale price for the house of £167,500 on 16 Mar 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£167,500 | 16 Mar 2012 |
£185,000 | 16 Dec 2005 |
Semi-Detached |
Freehold |
Floor Area: 84 sq meters or 904 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 March 2012 the House Price Index for ESSEX was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £167,500 results in an estimated price of approximately £286,284.
16 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.9 | 148.6 | 70.916 % | £167,500 | £118,784 | £286,284 |
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 | 67.783 % | £113,537 | £281,037 |
3 Month Average | 51.255 % | £85,852 | £253,352 |
6 Month Average | 72.337 % | £121,164 | £288,664 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £152,671 | £150,000 | 132 GAVIN WAY |
18 Aug 2023 | £348,045 | £345,000 | 2 FREEMAN CLOSE |
24 Apr 2023 | £308,320 | £305,000 | 127 GAVIN WAY |
14 Apr 2023 | £310,342 | £307,000 | 103 GAVIN WAY |
11 Apr 2022 | £396,473 | £385,000 | 117 GAVIN WAY |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 15 Jul 2010. Using an estimated price of £286,285 means this house is valued at £3,408 per sq meter (£316 per sq foot).
The average size of a house on FREEMAN CLOSE is 109 sq meters (1,176 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Flavius Way |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Carus Crescent |
Mar 2024 | Anti-social behaviour | On or near Valens Close | |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Caracalla Way |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Caracalla Way |