£663,628
This estimated value is based upon the latest sale price for the house of £390,000 on 8 Dec 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £390,000 | 8 Dec 2011 |
| £310,000 | 25 Apr 2003 |
| Detached |
| Freehold |
| Floor Area: 194 sq meters or 2,088 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 2011 the House Price Index for ESSEX was 86.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.161%.Applying this 70.161% change to the original purchase price of £390,000 results in an estimated price of approximately £663,628.
| 8 Dec 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 146.7 | 70.161 % | £390,000 | £273,628 | £663,628 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | 24.131 % | £94,112 | £484,112 |
| 3 Month Average | 37.941 % | £147,968 | £537,968 |
| 6 Month Average | 49.566 % | £193,307 | £583,307 |
This house has a floor area of 194 sq meters or 2,088 sq feet when measured on 28 Jun 2016.
The average size of a house on AVELEY WAY is 136 sq meters (1,470 sq feet).
This house is the largest in the street with a floor area of 194 sq meters (2,088 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Minster Way |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Minster Way |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Minster Way |
| Feb 2024 | Anti-social behaviour | On or near Falcon Mews |