£314,285
This estimated value is based upon the latest sale price for the house of £250,000 on 8 Dec 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £250,000 | 8 Dec 2017 |
| £167,500 | 22 Sep 2010 |
| £149,950 | 23 Dec 2004 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 644 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 December 2017 the House Price Index for ESSEX was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £250,000 results in an estimated price of approximately £314,285.
| 8 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £250,000 | £64,285 | £314,285 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | -5.305 % | £-13,262 | £236,737 |
| 3 Month Average | -6.733 % | £-16,831 | £233,168 |
| 6 Month Average | 12.859 % | £32,147 | £282,147 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £385,710 | £380,000 | 49 GREENWELL ROAD |
| 20 Sep 2023 | £359,598 | £355,000 | 80 HOLST AVENUE |
| 6 Sep 2023 | £349,468 | £345,000 | 29 BAKER WAY |
| 17 Jul 2023 | £408,498 | £403,000 | 37 GREENWELL ROAD |
| 26 Jun 2023 | £354,292 | £350,000 | 18 BAKER WAY |
This house has a floor area of 59 sq meters or 644 sq feet when measured on 29 Mar 2010. Using an estimated price of £314,285 means this house is valued at £5,248 per sq meter (£487 per sq foot).
The average size of a house on BAKER WAY is 95 sq meters (1,029 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Russell Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Morrison Drive |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Morrison Drive |
| Dec 2023 | Anti-social behaviour | On or near Morrison Drive | |
| Dec 2023 | Anti-social behaviour | On or near Morrison Drive |