£243,712
This estimated value is based upon the latest sale price for the house of £150,000 on 4 Nov 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £150,000 | 4 Nov 2013 |
| £155,000 | 15 Aug 2008 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 November 2013 the House Price Index for ESSEX was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £150,000 results in an estimated price of approximately £243,712.
| 4 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £150,000 | £93,712 | £243,712 |
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 | 73.840 % | £110,760 | £260,760 |
| 3 Month Average | 45.881 % | £68,821 | £218,821 |
| 6 Month Average | 63.972 % | £95,957 | £245,957 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £274,057 | £270,000 | 15 LARCH CLOSE |
| 21 Nov 2023 | £243,607 | £240,000 | 8 VERONICA WALK |
| 24 Jul 2023 | £192,592 | £190,000 | 5 SPRUCE AVENUE |
| 29 Mar 2023 | £262,473 | £260,000 | 24 CONIFER CLOSE |
| 24 Feb 2023 | £269,818 | £270,000 | 7 VERONICA WALK |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 22 May 2013. Using an estimated price of £243,713 means this house is valued at £2,801 per sq meter (£260 per sq foot).
The average size of a house on CONIFER CLOSE is 81 sq meters (878 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Conifer Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Conifer Close |
| Mar 2024 | Drugs | Offender given a caution | On or near Conifer Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Conifer Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Conifer Close |