£166,706
This estimated value is based upon the latest sale price for the house of £135,000 on 20 Sep 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Bure Drive
More crime details
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| Price Paid | Date |
|---|---|
| £135,000 | 20 Sep 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 September 2018 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £135,000 results in an estimated price of approximately £166,706.
| 20 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £135,000 | £31,706 | £166,706 |
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 | -20.115 % | £-27,154 | £107,845 |
| 3 Month Average | -13.991 % | £-18,887 | £116,112 |
| 6 Month Average | 6.258 % | £8,448 | £143,448 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £314,015 | £310,000 | 175 HUMBER ROAD |
| 31 Aug 2023 | £605,295 | £600,000 | 85 POWERS HALL END |
| 25 Aug 2023 | £312,736 | £310,000 | 143 HUMBER ROAD |
| 1 Jun 2023 | £289,507 | £286,000 | 145 HUMBER ROAD |
| 8 Nov 2022 | £296,410 | £300,000 | 1 TAMAR AVENUE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 15 Jun 2018. Using an estimated price of £166,707 means this house is valued at £3,546 per sq meter (£329 per sq foot).
The average size of a house on BURE DRIVE is 75 sq meters (809 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Bure Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bure Drive |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bure Drive |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Bure Drive |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bure Drive |