£279,364
This estimated value is based upon the latest sale price for the house of £165,000 on 24 Feb 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £165,000 | 24 Feb 2012 |
| £148,000 | 15 Aug 2003 |
| £115,000 | 28 Feb 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 47 sq meters or 506 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 2012 the House Price Index for ESSEX was 86.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.312%.Applying this 69.312% change to the original purchase price of £165,000 results in an estimated price of approximately £279,364.
| 24 Feb 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 146.7 | 69.312 % | £165,000 | £114,364 | £279,364 |
The Postcode Pricing Model uses changes in average sales price within the SS8 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 | 88.341 % | £145,762 | £310,762 |
| 3 Month Average | 76.025 % | £125,440 | £290,440 |
| 6 Month Average | 86.181 % | £142,199 | £307,199 |
This house has a floor area of 47 sq meters or 506 sq feet when measured on 24 Aug 2011.
The average size of a house on CRAVEN AVENUE is 86 sq meters (935 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Beverley Avenue |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Beverley Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mayland Avenue |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Avon Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Coniston Road |