£270,722
This estimated value is based upon the latest sale price for the house of £228,000 on 24 Sep 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£228,000 | 24 Sep 2020 |
Detached |
Freehold |
Floor Area: 109 sq meters or 1,173 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 September 2020 the House Price Index for ESSEX was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £228,000 results in an estimated price of approximately £270,722.
24 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 148.6 | 18.738 % | £228,000 | £42,722 | £270,722 |
The Postcode Pricing Model uses changes in average sales price within the CO16 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 | -18.050 % | £-41,153 | £186,846 |
3 Month Average | 3.421 % | £7,798 | £235,798 |
6 Month Average | 5.284 % | £12,046 | £240,046 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £268,982 | £265,000 | 18 MUNNINGS DRIVE |
28 Apr 2023 | £323,483 | £320,000 | 43 CONSTABLE AVENUE |
8 Feb 2023 | £199,866 | £200,000 | 16 BLAKE DRIVE |
31 Aug 2022 | £279,248 | £280,000 | 10 BLAKE DRIVE |
22 Aug 2022 | £269,275 | £270,000 | 8 BRIGHT CLOSE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 12 Mar 2020. Using an estimated price of £270,723 means this house is valued at £2,483 per sq meter (£230 per sq foot).
The average size of a house on BURROWS CLOSE is 81 sq meters (879 sq feet).
This house is the largest in the street with a floor area of 109 sq meters (1,173 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Blake Drive |
Mar 2024 | Violence and sexual offences | Offender given a caution | On or near Munnings Drive |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Love Way |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Love Way |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Turner Close |