£193,521
This estimated value is based upon the latest sale price for the house of £115,000 on 28 Aug 2008. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £115,000 | 28 Aug 2008 |
| 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 August 2008 the House Price Index for ESSEX was 88.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.280%.Applying this 68.280% change to the original purchase price of £115,000 results in an estimated price of approximately £193,521.
| 28 Aug 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.3 | 148.6 | 68.280 % | £115,000 | £78,521 | £193,521 |
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 | 72.164 % | £82,988 | £197,988 |
| 3 Month Average | 54.604 % | £62,794 | £177,794 |
| 6 Month Average | 73.833 % | £84,907 | £199,907 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £243,108 | £240,000 | 12 BALFE COURT |
| 1 Apr 2022 | £334,685 | £325,000 | 10 BRITTEN CLOSE |
| 15 Sep 2021 | £250,001 | £232,000 | 16 PURCELL CLOSE |
| 9 Nov 2020 | £281,723 | £243,000 | 3 LUGAR CLOSE |
| 22 May 2020 | £162,071 | £132,500 | 17 BALFE COURT |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 4 Jun 2019. Using an estimated price of £193,522 means this house is valued at £2,687 per sq meter (£249 per sq foot).
The average size of a house on AVON WAY is 80 sq meters (870 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Scarfe Way |
| Dec 2023 | Anti-social behaviour | On or near Scarfe Way | |
| Dec 2023 | Anti-social behaviour | On or near Scarfe Way | |
| Dec 2023 | Anti-social behaviour | On or near Scarfe Way | |
| Dec 2023 | Anti-social behaviour | On or near Scarfe Way |