£231,135
This estimated value is based upon the latest sale price for the house of £155,000 on 13 Nov 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £155,000 | 13 Nov 2014 |
| £138,000 | 28 Sep 2007 |
| £59,950 | 27 Apr 2001 |
| £44,000 | 30 Jun 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 November 2014 the House Price Index for ESSEX was 99.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 49.120%.Applying this 49.120% change to the original purchase price of £155,000 results in an estimated price of approximately £231,135.
| 13 Nov 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.0 | 49.120 % | £155,000 | £76,135 | £231,135 |
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 | 36.188 % | £56,091 | £211,091 |
| 3 Month Average | 32.464 % | £50,319 | £205,319 |
| 6 Month Average | 36.483 % | £56,547 | £211,547 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2022 | £404,453 | £405,000 | 3 QUEENS AVENUE |
| 28 Apr 2022 | £471,795 | £460,000 | WALBY HOUSE MANSE CHASE |
| 8 Apr 2022 | £340,000 | £331,500 | 1 FAMBRIDGE CLOSE |
| 21 Dec 2021 | £288,104 | £270,000 | 6 FAMBRIDGE CLOSE |
| 7 Dec 2021 | £277,433 | £260,000 | 25 WARWICK DRIVE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 20 Jun 2014. Using an estimated price of £231,136 means this house is valued at £3,210 per sq meter (£298 per sq foot).
The average size of a house on WARWICK DRIVE is 78 sq meters (844 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Warwick Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Warwick Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Warwick Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fambridge Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fambridge Close |