£310,919
This estimated value is based upon the latest sale price for the house of £84,950 on 20 Oct 2000. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£84,950 | 20 Oct 2000 |
£62,995 | 27 Mar 1997 |
Semi-Detached |
Freehold |
Floor Area: 58 sq meters or 624 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 October 2000 the House Price Index for ESSEX was 40.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 266.003%.Applying this 266.003% change to the original purchase price of £84,950 results in an estimated price of approximately £310,919.
20 Oct 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.6 | 148.6 | 266.003 % | £84,950 | £225,969 | £310,919 |
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 | 250.096 % | £212,456 | £297,406 |
3 Month Average | 211.915 % | £180,021 | £264,971 |
6 Month Average | 256.865 % | £218,206 | £303,156 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Jul 2023 | £429,278 | £423,500 | 18 THORNTON DRIVE |
5 Aug 2022 | £508,631 | £510,000 | 2 FELLOWES CLOSE |
7 Jan 2022 | £252,578 | £240,000 | 36 PETO AVENUE |
22 Nov 2021 | £324,454 | £300,000 | 7 RIDDLES DRIVE |
30 Sep 2021 | £239,764 | £222,500 | 10 PETO AVENUE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 5 Jul 2019. Using an estimated price of £310,919 means this house is valued at £5,360 per sq meter (£498 per sq foot).
The average size of a house on RIDDLES DRIVE is 85 sq meters (917 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shopping Area |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shopping Area |
Mar 2024 | Anti-social behaviour | On or near Shopping Area | |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shopping Area |
Mar 2024 | Anti-social behaviour | On or near Shopping Area |