£409,051
This estimated value is based upon the latest sale price for the house of £250,000 on 28 Oct 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £250,000 | 28 Oct 2013 |
| £280,000 | 20 Mar 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 October 2013 the House Price Index for ESSEX was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £250,000 results in an estimated price of approximately £409,051.
| 28 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 148.6 | 63.621 % | £250,000 | £159,051 | £409,051 |
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 | 65.439 % | £163,598 | £413,598 |
| 3 Month Average | 41.631 % | £104,077 | £354,077 |
| 6 Month Average | 64.991 % | £162,478 | £412,478 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2023 | £384,136 | £380,000 | 16 KIRK WAY |
| 31 Mar 2023 | £363,424 | £360,000 | 37 KIRK WAY |
| 31 Mar 2023 | £280,644 | £278,000 | 33 KIRK WAY |
| 30 Nov 2022 | £286,529 | £290,000 | 19 KIRK WAY |
| 11 Nov 2022 | £316,170 | £320,000 | 15 DESTINATION DRIVE |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 3 May 2013. Using an estimated price of £409,051 means this house is valued at £3,075 per sq meter (£285 per sq foot).
The average size of a house on KIRK WAY is 92 sq meters (990 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Scrivener Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Scrivener Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Scrivener Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Destination Drive |
| Feb 2024 | Vehicle crime | Under investigation | On or near Destination Drive |