£556,009
This estimated value is based upon the latest sale price for the house of £445,000 on 16 Feb 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £445,000 | 16 Feb 2018 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 February 2018 the House Price Index for ESSEX was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £445,000 results in an estimated price of approximately £556,009.
| 16 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £445,000 | £111,009 | £556,009 |
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 | 27.162 % | £120,872 | £565,872 |
| 3 Month Average | 5.317 % | £23,658 | £468,658 |
| 6 Month Average | 16.868 % | £75,061 | £520,061 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £461,837 | £455,000 | 453 IPSWICH ROAD |
| 15 Sep 2023 | £329,209 | £325,000 | 31 ACORN CLOSE |
| 10 Mar 2023 | £333,139 | £330,000 | 44 EVERGREEN DRIVE |
| 13 Feb 2023 | £304,795 | £305,000 | 24 EVERGREEN DRIVE |
| 13 Jan 2023 | £378,218 | £380,000 | 11 EVERGREEN DRIVE |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 19 Dec 2017. Using an estimated price of £556,010 means this house is valued at £4,088 per sq meter (£379 per sq foot).
The average size of a house on ACORN CLOSE is 101 sq meters (1,095 sq feet).
This house is the largest in the street with a floor area of 136 sq meters (1,463 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Local resolution | On or near Acorn Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Acorn Close |
| Dec 2023 | Other crime | Further action is not in the public interest | On or near Acorn Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hallcroft Chase |
| Feb 2024 | Vehicle crime | Under investigation | On or near Hallcroft Chase |