£415,280
This estimated value is based upon the latest sale price for the house of £250,000 on 26 Jul 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £250,000 | 26 Jul 2013 |
| Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 July 2013 the House Price Index for ESSEX was 89.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.112%.Applying this 66.112% change to the original purchase price of £250,000 results in an estimated price of approximately £415,280.
| 26 Jul 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 148.6 | 66.112 % | £250,000 | £165,280 | £415,280 |
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 | 73.627 % | £184,067 | £434,067 |
| 3 Month Average | 53.340 % | £133,350 | £383,350 |
| 6 Month Average | 76.780 % | £191,949 | £441,949 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £293,756 | £290,000 | 10 GREENFINCH END |
| 3 Aug 2023 | £343,001 | £340,000 | 2 GRAYLING DRIVE |
| 31 Aug 2022 | £468,738 | £470,000 | 4 OWLS RETREAT |
| 11 May 2022 | £519,794 | £510,000 | 2 BREAM COURT |
| 22 Mar 2022 | £445,593 | £430,000 | 4 BROMLEY HEIGHTS |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 12 Mar 2013. Using an estimated price of £415,281 means this house is valued at £3,403 per sq meter (£316 per sq foot).
The average size of a house on CHAFFINCH GARDENS is 157 sq meters (1,697 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Bullfinch Close |