£444,621
This estimated value is based upon the latest sale price for the house of £415,000 on 22 Dec 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £415,000 | 22 Dec 2021 |
| £355,000 | 12 Oct 2017 |
| £180,000 | 31 Mar 2014 |
| Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 December 2021 the House Price Index for ESSEX was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £415,000 results in an estimated price of approximately £444,621.
| 22 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £415,000 | £29,621 | £444,621 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | -19.530 % | £-81,051 | £333,948 |
| 3 Month Average | -20.793 % | £-86,292 | £328,707 |
| 6 Month Average | -4.960 % | £-20,584 | £394,415 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jun 2023 | £541,560 | £535,000 | 1 WALLACE BINDER CLOSE |
| 22 Jun 2022 | £319,515 | £315,000 | 11 GLOUCESTER AVENUE |
| 22 Dec 2021 | £444,622 | £415,000 | 2A VOLWYCKE AVENUE |
| 3 Nov 2021 | £416,383 | £385,000 | 2 VOLWYCKE AVENUE |
| 13 Sep 2021 | £420,261 | £390,000 | 54 WALLACE BINDER CLOSE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 20 Feb 2017. Using an estimated price of £444,622 means this house is valued at £7,057 per sq meter (£655 per sq foot).
The average size of a house on VOLWYCKE AVENUE is 100 sq meters (1,085 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lambourne Grove |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gloucester Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Gloucester Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Gloucester Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wallace Binder Close |