£205,462
This estimated value is based upon the latest sale price for the house of £125,000 on 16 Jul 2008. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £125,000 | 16 Jul 2008 |
| £115,000 | 21 Jul 2003 |
| £58,000 | 4 Feb 2000 |
| £33,250 | 10 Jan 1997 |
| 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 July 2008 the House Price Index for ESSEX was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.370%.Applying this 64.370% change to the original purchase price of £125,000 results in an estimated price of approximately £205,462.
| 16 Jul 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.370 % | £125,000 | £80,462 | £205,462 |
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 | 76.898 % | £96,122 | £221,122 |
| 3 Month Average | 59.344 % | £74,179 | £199,179 |
| 6 Month Average | 73.840 % | £92,300 | £217,300 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £279,897 | £275,000 | 44 AVON WAY |
| 21 Sep 2023 | £238,044 | £235,000 | 1 ORSINO WALK |
| 17 Aug 2023 | £272,383 | £270,000 | 32 THORPE WALK |
| 17 Apr 2023 | £232,503 | £230,000 | 30 AVON WAY |
| 3 Apr 2023 | £262,830 | £260,000 | 3 FERDINAND WALK |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 13 May 2021. Using an estimated price of £205,462 means this house is valued at £2,361 per sq meter (£219 per sq foot).
The average size of a house on FERDINAND WALK is 96 sq meters (1,039 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Hewes Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Macbeth Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Macbeth Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Jessica Close |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Hamlet Drive |