£254,413
This estimated value is based upon the latest sale price for the house of £150,000 on 7 Jun 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £150,000 | 7 Jun 2012 |
| £166,000 | 31 May 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 57 sq meters or 621 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 June 2012 the House Price Index for ESSEX was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £150,000 results in an estimated price of approximately £254,413.
| 7 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.609 % | £150,000 | £104,413 | £254,413 |
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 | 59.492 % | £89,238 | £239,238 |
| 3 Month Average | 45.398 % | £68,096 | £218,096 |
| 6 Month Average | 66.387 % | £99,580 | £249,580 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £320,610 | £315,000 | 25 VALENS CLOSE |
| 18 Aug 2023 | £348,045 | £345,000 | 2 FREEMAN CLOSE |
| 24 Apr 2023 | £308,320 | £305,000 | 127 GAVIN WAY |
| 14 Apr 2023 | £310,342 | £307,000 | 103 GAVIN WAY |
| 8 Jun 2022 | £385,447 | £380,000 | 4 CARACALLA WAY |
This house has a floor area of 57 sq meters or 621 sq feet when measured on 9 Nov 2011. Using an estimated price of £254,414 means this house is valued at £4,404 per sq meter (£409 per sq foot).
The average size of a house on ARROWSMITH WALK is 97 sq meters (1,046 sq feet).
This house is the smallest in the street with a floor area of 57 sq meters (621 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Flavius Way |
| Mar 2024 | Anti-social behaviour | On or near Valens Close | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Carus Crescent |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Caracalla Way |
| Jan 2024 | Anti-social behaviour | On or near Caracalla Way |