£345,706
This estimated value is based upon the latest sale price for the house of £345,000 on 29 Sep 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £345,000 | 29 Sep 2023 |
| £270,000 | 9 Aug 2016 |
| £155,000 | 26 Sep 2000 |
| £40,000 | 7 Oct 1999 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 2023 the House Price Index for ESSEX was 146.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 0.205%.Applying this 0.205% change to the original purchase price of £345,000 results in an estimated price of approximately £345,706.
| 29 Sep 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 146.7 | 0.205 % | £345,000 | £706 | £345,706 |
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 | 24.683 % | £85,155 | £430,155 |
| 3 Month Average | -5.343 % | £-18,432 | £326,567 |
| 6 Month Average | -1.630 % | £-5,623 | £339,376 |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 12 May 2016.
The average size of a house on GORSE LANE is 107 sq meters (1,152 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Wilson Court | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wilson Court |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Keith Close |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Keith Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Keith Close |