£265,779
This estimated value is based upon the latest sale price for the house of £160,000 on 25 Jul 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£160,000 | 25 Jul 2013 |
£160,000 | 20 Nov 2009 |
£140,000 | 2 Dec 2005 |
Semi-Detached |
Freehold |
Floor Area: 49 sq meters or 529 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 2013 the House Price Index for ESSEX was 89.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.112%.Applying this 66.112% change to the original purchase price of £160,000 results in an estimated price of approximately £265,779.
25 Jul 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.5 | 148.6 | 66.112 % | £160,000 | £105,779 | £265,779 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | 78.022 % | £124,834 | £284,834 |
3 Month Average | 94.888 % | £151,820 | £311,820 |
6 Month Average | 89.820 % | £143,712 | £303,712 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £291,422 | £287,500 | 2 COLUMBINE GARDENS |
28 Jul 2023 | £283,820 | £280,000 | 149 WALTON ROAD |
30 Jun 2023 | £265,719 | £262,500 | 145 WALTON ROAD |
6 Mar 2023 | £292,758 | £290,000 | 5 WINTERBOURNES |
10 Feb 2023 | £274,815 | £275,000 | 31 NORWOOD WAY |
This house has a floor area of 49 sq meters or 529 sq feet when measured on 4 Jul 2011. Using an estimated price of £265,780 means this house is valued at £5,405 per sq meter (£502 per sq foot).
The average size of a house on NORWOOD WAY is 73 sq meters (795 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B1336 |
Jan 2024 | Drugs | Local resolution | On or near B1336 |
Mar 2024 | Public order | Under investigation | On or near Rochford Way |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rochford Way |
Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Rochford Way |