£277,615
This estimated value is based upon the latest sale price for the house of £275,000 on 24 Mar 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £275,000 | 24 Mar 2023 |
| £179,000 | 12 Aug 2016 |
| £156,000 | 28 Aug 2015 |
| £145,000 | 27 May 2011 |
| £54,995 | 14 Oct 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 838 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 March 2023 the House Price Index for ESSEX was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £275,000 results in an estimated price of approximately £277,615.
| 24 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.6 | 0.951 % | £275,000 | £2,615 | £277,615 |
The Postcode Pricing Model uses changes in average sales price within the CO16 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 | -39.955 % | £-109,875 | £165,124 |
| 3 Month Average | -3.361 % | £-9,241 | £265,758 |
| 6 Month Average | 0.449 % | £1,234 | £276,234 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £277,615 | £275,000 | 25 YOUNG CLOSE |
| 20 Jun 2022 | £294,157 | £290,000 | 17 LUPIN WAY |
| 17 Jun 2022 | £223,154 | £220,000 | 128 HAMPSTEAD AVENUE |
| 4 Mar 2022 | £264,247 | £255,000 | 17 YOUNG CLOSE |
| 8 Feb 2022 | £194,008 | £185,000 | 8 WISTARIA PLACE |
This house has a floor area of 77 sq meters or 838 sq feet when measured on 9 Feb 2011. Using an estimated price of £277,615 means this house is valued at £3,563 per sq meter (£331 per sq foot).
The average size of a house on YOUNG CLOSE is 93 sq meters (1,008 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wistaria Place |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wistaria Place |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wistaria Place |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wistaria Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wistaria Place |