£584,441
This estimated value is based upon the latest sale price for the house of £249,950 on 28 May 2003. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Penwood Close
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38 High Street, Stock, Ingatestone, CM4 9BW
Phone: 01277576225
| Price Paid | Date |
|---|---|
| £249,950 | 28 May 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 2003 the House Price Index for ESSEX was 62.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 133.823%.Applying this 133.823% change to the original purchase price of £249,950 results in an estimated price of approximately £584,441.
| 28 May 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 146.7 | 133.823 % | £249,950 | £334,491 | £584,441 |
The Postcode Pricing Model uses changes in average sales price within the CM11 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 | 172.722 % | £431,718 | £681,668 |
| 3 Month Average | 118.711 % | £296,717 | £546,667 |
| 6 Month Average | 127.917 % | £319,729 | £569,679 |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 31 May 2013.
The average size of a house on PENWOOD CLOSE is 191 sq meters (2,055 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Penwood Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Penwood Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Glencree |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brookside |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Brookside Close |