£306,117
This estimated value is based upon the latest sale price for the house of £245,000 on 13 Feb 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £245,000 | 13 Feb 2018 |
| £53,500 | 29 Jan 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 February 2018 the House Price Index for ESSEX was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £245,000 results in an estimated price of approximately £306,117.
| 13 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £245,000 | £61,117 | £306,117 |
The Postcode Pricing Model uses changes in average sales price within the CO2 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 | 6.199 % | £15,187 | £260,187 |
| 3 Month Average | 8.980 % | £22,000 | £267,000 |
| 6 Month Average | 19.507 % | £47,791 | £292,791 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £289,058 | £284,000 | 82 FINCHINGFIELD WAY |
| 17 Nov 2023 | £291,313 | £287,000 | 3 WETHERSFIELD ROAD |
| 16 Aug 2023 | £272,383 | £270,000 | 3 PEBMARSH CLOSE |
| 24 Mar 2023 | £287,711 | £285,000 | 23 THAXTED WALK |
| 23 Aug 2022 | £311,162 | £312,000 | 59 FINCHINGFIELD WAY |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 5 Jun 2017. Using an estimated price of £306,118 means this house is valued at £3,733 per sq meter (£346 per sq foot).
The average size of a house on THAXTED WALK is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Thaxted Walk |