£362,693
This estimated value is based upon the latest sale price for the house of £129,500 on 23 Jul 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£129,500 | 23 Jul 2002 |
Semi-Detached |
Freehold |
Floor Area: 105 sq meters or 1,130 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 2002 the House Price Index for ESSEX was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £129,500 results in an estimated price of approximately £362,693.
23 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
53.1 | 148.6 | 180.072 % | £129,500 | £233,193 | £362,693 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | 84.573 % | £109,521 | £239,021 |
3 Month Average | 111.222 % | £144,033 | £273,533 |
6 Month Average | 147.211 % | £190,638 | £320,138 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £359,598 | £355,000 | 75 CROSS ROAD |
13 Jun 2022 | £547,741 | £540,000 | 105 CROSS ROAD |
8 Apr 2022 | £341,378 | £331,500 | 1 FAMBRIDGE CLOSE |
25 Mar 2022 | £243,522 | £235,000 | 16 DRYDEN CLOSE |
21 Dec 2021 | £289,272 | £270,000 | 6 FAMBRIDGE CLOSE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 18 Oct 2016. Using an estimated price of £362,694 means this house is valued at £3,454 per sq meter (£320 per sq foot).
The average size of a house on ELIOT WAY is 101 sq meters (1,096 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Anti-social behaviour | On or near Milton Road | |
Dec 2023 | Anti-social behaviour | On or near Milton Road | |
Dec 2023 | Anti-social behaviour | On or near Milton Road | |
Dec 2023 | Anti-social behaviour | On or near Milton Road | |
Mar 2024 | Drugs | Investigation complete; no suspect identified | On or near Braeburn Drive |