£237,251
This estimated value is based upon the latest sale price for the house of £166,000 on 20 Aug 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £166,000 | 20 Aug 2015 |
| Semi-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 August 2015 the House Price Index for ESSEX was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £166,000 results in an estimated price of approximately £237,251.
| 20 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £166,000 | £71,251 | £237,251 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 28.469 % | £47,257 | £213,257 |
| 3 Month Average | 35.813 % | £59,450 | £225,450 |
| 6 Month Average | 30.567 % | £50,740 | £216,740 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £293,556 | £290,000 | PATTRICKS HOUSE PATTRICKS LANE |
| 29 Jun 2023 | £151,839 | £150,000 | FLAT 26 OLD CUSTOM HOUSE MAIN ROAD |
| 10 Feb 2023 | £144,902 | £145,000 | FLAT 12 OLD CUSTOM HOUSE MAIN ROAD |
| 8 Jul 2022 | £162,939 | £162,500 | FLAT 9 OLD CUSTOM HOUSE MAIN ROAD |
| 30 Mar 2022 | £251,812 | £243,000 | 128 HERON WAY |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 13 Sep 2012. Using an estimated price of £237,252 means this house is valued at £2,758 per sq meter (£256 per sq foot).
The average size of a house on HERON WAY is 76 sq meters (822 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Heron Way |
| Feb 2024 | Anti-social behaviour | On or near Heron Way | |
| Feb 2024 | Criminal damage and arson | Further action is not in the public interest | On or near Heron Way |
| Feb 2024 | Anti-social behaviour | On or near Heron Way | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heron Way |