£279,573
This estimated value is based upon the latest sale price for the house of £275,000 on 21 Apr 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £275,000 | 21 Apr 2022 |
| £182,995 | 31 Jul 2015 |
| £182,995 | 31 Jul 2015 |
| Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 April 2022 the House Price Index for ESSEX was 144.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 1.663%.Applying this 1.663% change to the original purchase price of £275,000 results in an estimated price of approximately £279,573.
| 21 Apr 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 146.7 | 1.663 % | £275,000 | £4,573 | £279,573 |
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 | -36.227 % | £-99,623 | £175,376 |
| 3 Month Average | -21.957 % | £-60,382 | £214,617 |
| 6 Month Average | -5.720 % | £-15,728 | £259,271 |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 29 Jan 2015.
The average size of a house on GRIER WAY is 78 sq meters (845 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Grier Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grier Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grier Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grier Way |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Grier Way |