£188,683
This estimated value is based upon the latest sale price for the house of £148,000 on 12 Jul 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Suite 1G, Widford Business Centre, 33 Robjohns Road, Chelmsford, CM1 3AG
Phone: 01277576821
| Price Paid | Date |
|---|---|
| £148,000 | 12 Jul 2017 |
| £15,400 | 19 Aug 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 441 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 July 2017 the House Price Index for ESSEX was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £148,000 results in an estimated price of approximately £188,683.
| 12 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £148,000 | £40,683 | £188,683 |
The Postcode Pricing Model uses changes in average sales price within the CM1 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 | 18.288 % | £27,065 | £175,065 |
| 3 Month Average | -5.715 % | £-8,457 | £139,542 |
| 6 Month Average | 9.637 % | £14,262 | £162,262 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £304,508 | £300,000 | 4 WINDSOR WAY |
| 26 Jul 2023 | £274,697 | £271,000 | 56 SAVERNAKE ROAD |
| 31 Mar 2023 | £175,655 | £174,000 | 14 CHARNWOOD AVENUE |
| 31 Jan 2023 | £343,382 | £345,000 | 40 CHARNWOOD AVENUE |
| 12 Jul 2022 | £342,923 | £342,000 | 25 DELAMERE ROAD |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 21 Feb 2017. Using an estimated price of £188,684 means this house is valued at £4,602 per sq meter (£427 per sq foot).
The average size of a house on EPPING CLOSE is 82 sq meters (882 sq feet).
This house is the smallest in the street with a floor area of 41 sq meters (441 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Epping Close |
| Apr 2024 | Drugs | Awaiting court outcome | On or near Epping Close |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Epping Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Epping Close |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Epping Close |