£375,434
This estimated value is based upon the latest sale price for the house of £310,000 on 6 Dec 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £310,000 | 6 Dec 2019 |
| Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 December 2019 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.108%.Applying this 21.108% change to the original purchase price of £310,000 results in an estimated price of approximately £375,434.
| 6 Dec 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 146.7 | 21.108 % | £310,000 | £65,434 | £375,434 |
The Postcode Pricing Model uses changes in average sales price within the CO3 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 | -21.633 % | £-67,060 | £242,939 |
| 3 Month Average | 10.150 % | £31,464 | £341,464 |
| 6 Month Average | 19.624 % | £60,835 | £370,835 |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 9 Sep 2019.
The average size of a house on THE COMMONS is 101 sq meters (1,095 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Reynolds Avenue |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Reynolds Avenue |
| Mar 2024 | Robbery | Unable to prosecute suspect | On or near B1022 |
| Dec 2023 | Violence and sexual offences | Further action is not in the public interest | On or near B1022 |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near B1022 |