£301,701
This estimated value is based upon the latest sale price for the house of £180,000 on 26 Oct 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £180,000 | 26 Oct 2012 |
| £165,000 | 25 Jun 2004 |
| £79,995 | 2 Mar 2000 |
| £58,000 | 7 Feb 1997 |
| Detached |
| Freehold |
| Floor Area: 84 sq meters or 907 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 October 2012 the House Price Index for ESSEX was 87.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.612%.Applying this 67.612% change to the original purchase price of £180,000 results in an estimated price of approximately £301,701.
| 26 Oct 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 146.7 | 67.612 % | £180,000 | £121,701 | £301,701 |
The Postcode Pricing Model uses changes in average sales price within the CO9 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 | 93.943 % | £169,098 | £349,098 |
| 3 Month Average | 21.708 % | £39,074 | £219,074 |
| 6 Month Average | 41.190 % | £74,142 | £254,142 |
This house has a floor area of 84 sq meters or 907 sq feet when measured on 15 Mar 2012.
The average size of a house on RAYNER WAY is 93 sq meters (1,007 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Knowles Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Drive |
| Dec 2023 | Criminal damage and arson | Local resolution | On or near Park Drive |