£378,983
This estimated value is based upon the latest sale price for the house of £219,000 on 7 Apr 2006. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £219,000 | 7 Apr 2006 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 2006 the House Price Index for ESSEX was 84.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 73.052%.Applying this 73.052% change to the original purchase price of £219,000 results in an estimated price of approximately £378,983.
| 7 Apr 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.8 | 146.7 | 73.052 % | £219,000 | £159,983 | £378,983 |
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 | 121.413 % | £265,893 | £484,893 |
| 3 Month Average | 41.186 % | £90,197 | £309,197 |
| 6 Month Average | 48.824 % | £106,924 | £325,924 |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 15 Apr 2013.
The average size of a house on PEVENSEY DRIVE is 115 sq meters (1,245 sq feet).
This house is the largest in the street with a floor area of 131 sq meters (1,410 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Further investigation is not in the public interest | On or near West Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near West Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Worthing Mews |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Portsmouth Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Portsmouth Road |