£460,501
This estimated value is based upon the latest sale price for the house of £340,000 on 29 Apr 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £340,000 | 29 Apr 2016 |
| £255,000 | 27 Sep 2005 |
| £235,000 | 9 Jan 2004 |
| £111,750 | 30 Jun 1997 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 April 2016 the House Price Index for ESSEX was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £340,000 results in an estimated price of approximately £460,501.
| 29 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.6 | 35.442 % | £340,000 | £120,501 | £460,501 |
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 | 48.391 % | £164,529 | £504,529 |
| 3 Month Average | 35.139 % | £119,473 | £459,473 |
| 6 Month Average | 43.750 % | £148,749 | £488,749 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £429,278 | £423,500 | 18 THORNTON DRIVE |
| 5 Aug 2022 | £508,631 | £510,000 | 2 FELLOWES CLOSE |
| 25 May 2022 | £402,586 | £395,000 | 14 COEUR DE LION |
| 10 Dec 2021 | £385,696 | £360,000 | 17 THORNTON DRIVE |
| 25 Jun 2021 | £244,090 | £227,500 | 21 THORNTON DRIVE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 2 Dec 2015. Using an estimated price of £460,501 means this house is valued at £4,698 per sq meter (£436 per sq foot).
The average size of a house on BRICKMAKERS LANE is 106 sq meters (1,148 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Sinclair Close |