£162,614
This estimated value is based upon the latest sale price for the house of £124,000 on 2 Sep 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £124,000 | 2 Sep 2016 |
| £90,000 | 12 Jun 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 2016 the House Price Index for ESSEX was 111.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.141%.Applying this 31.141% change to the original purchase price of £124,000 results in an estimated price of approximately £162,614.
| 2 Sep 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 146.7 | 31.141 % | £124,000 | £38,614 | £162,614 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 107.662 % | £133,500 | £257,500 |
| 3 Month Average | 22.719 % | £28,171 | £152,171 |
| 6 Month Average | 24.860 % | £30,826 | £154,826 |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 20 Aug 2014.
The average size of a house on SPINNAKER CLOSE is 55 sq meters (598 sq feet).
This house is the largest in the street with a floor area of 62 sq meters (667 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Parking Area |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |