£314,752
This estimated value is based upon the latest sale price for the house of £182,250 on 5 May 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£182,250 | 5 May 2011 |
Detached |
Freehold |
Floor Area: 87 sq meters or 946 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 May 2011 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.704%.Applying this 72.704% change to the original purchase price of £182,250 results in an estimated price of approximately £314,752.
5 May 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.704 % | £182,250 | £132,502 | £314,752 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 120.447 % | £219,515 | £401,765 |
3 Month Average | 54.168 % | £98,721 | £280,971 |
6 Month Average | 52.801 % | £96,230 | £278,480 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jun 2023 | £390,227 | £385,500 | 26 PEVENSEY DRIVE |
31 Mar 2023 | £373,519 | £370,000 | 3 PENZANCE CLOSE |
27 Mar 2023 | £323,043 | £320,000 | 16 PEVENSEY DRIVE |
24 Mar 2023 | £242,283 | £240,000 | 9 WORTHING MEWS |
29 Apr 2022 | £272,897 | £265,000 | 10 WORTHING MEWS |
This house has a floor area of 87 sq meters or 946 sq feet when measured on 5 Oct 2010. Using an estimated price of £314,753 means this house is valued at £3,578 per sq meter (£332 per sq foot).
The average size of a house on LULWORTH CLOSE is 119 sq meters (1,282 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Worthing Mews |
Feb 2024 | Other crime | Further investigation is not in the public interest | On or near West Road |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near West Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Weymouth Close |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Weymouth Close |