£270,640
This estimated value is based upon the latest sale price for the house of £172,500 on 2 Aug 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £172,500 | 2 Aug 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 August 2007 the House Price Index for ESSEX was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £172,500 results in an estimated price of approximately £270,640.
| 2 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £172,500 | £98,140 | £270,640 |
The Postcode Pricing Model uses changes in average sales price within the CO2 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 | 37.180 % | £64,135 | £236,635 |
| 3 Month Average | 37.453 % | £64,607 | £237,107 |
| 6 Month Average | 49.732 % | £85,787 | £258,287 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £257,290 | £254,000 | 102 CAELUM DRIVE |
| 4 Aug 2023 | £174,527 | £173,000 | 89 CAELUM DRIVE |
| 3 Feb 2023 | £167,887 | £168,000 | 20 CAELUM DRIVE |
| 6 Jan 2023 | £172,089 | £172,900 | 62 CAELUM DRIVE |
| 9 Sep 2022 | £188,478 | £190,000 | 85 CAELUM DRIVE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 1 Oct 2019. Using an estimated price of £270,640 means this house is valued at £4,510 per sq meter (£419 per sq foot).
The average size of a house on CAELUM DRIVE is 61 sq meters (660 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Caelum Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Caelum Drive |
| Feb 2024 | Drugs | Local resolution | On or near Caelum Drive |
| Feb 2024 | Drugs | Offender given a caution | On or near Caelum Drive |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Caelum Drive |