£216,822
This estimated value is based upon the latest sale price for the house of £116,500 on 22 Apr 2009. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£116,500 | 22 Apr 2009 |
Terraced |
Freehold |
Floor Area: 107 sq meters or 1,161 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 2009 the House Price Index for ESSEX was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.114%.Applying this 86.114% change to the original purchase price of £116,500 results in an estimated price of approximately £216,822.
22 Apr 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 148.6 | 86.114 % | £116,500 | £100,322 | £216,822 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 88.604 % | £103,224 | £219,724 |
3 Month Average | 74.105 % | £86,332 | £202,832 |
6 Month Average | 101.889 % | £118,700 | £235,200 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £176,544 | £175,000 | 22 ARNOLD DRIVE |
24 Jul 2023 | £281,793 | £278,000 | 22 SWAN CLOSE |
14 Apr 2023 | £270,917 | £268,000 | 12 ARNOLD DRIVE |
1 Apr 2022 | £334,685 | £325,000 | 10 BRITTEN CLOSE |
15 Dec 2021 | £263,559 | £246,000 | 8 ELMSTEAD ROAD |
This house has a floor area of 107 sq meters or 1,161 sq feet when measured on 15 Jan 2010. Using an estimated price of £216,822 means this house is valued at £2,009 per sq meter (£186 per sq foot).
The average size of a house on SULLIVAN CLOSE is 124 sq meters (1,342 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Under investigation | On or near Sullivan Close |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Sullivan Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sullivan Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Britten Close |
Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Arnold Drive |