£280,984
This estimated value is based upon the latest sale price for the house of £165,000 on 14 Sep 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £165,000 | 14 Sep 2012 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 September 2012 the House Price Index for ESSEX was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.294%.Applying this 70.294% change to the original purchase price of £165,000 results in an estimated price of approximately £280,984.
| 14 Sep 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.294 % | £165,000 | £115,984 | £280,984 |
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 | 80.926 % | £133,527 | £298,527 |
| 3 Month Average | 55.987 % | £92,378 | £257,378 |
| 6 Month Average | 69.145 % | £114,088 | £279,088 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £329,209 | £325,000 | 8 RIPPLE WAY |
| 4 Jul 2023 | £103,898 | £102,500 | 26 SUFFOLK CLOSE |
| 22 Jun 2023 | £310,764 | £307,000 | 26 NORFOLK CRESCENT |
| 30 Nov 2022 | £173,894 | £176,000 | 28 SUFFOLK CLOSE |
| 8 Jul 2022 | £175,472 | £175,000 | 30 SUFFOLK CLOSE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 25 Apr 2012. Using an estimated price of £280,984 means this house is valued at £3,267 per sq meter (£303 per sq foot).
The average size of a house on BROADLANDS WAY is 87 sq meters (938 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Suffolk Close |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Suffolk Close |
| Jan 2024 | Criminal damage and arson | Local resolution | On or near Suffolk Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Norfolk Crescent |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near King Cole Place |