£249,886
This estimated value is based upon the latest sale price for the house of £185,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£185,000 | 31 Mar 2016 |
£116,500 | 28 Apr 2003 |
Terraced |
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 March 2016 the House Price Index for ESSEX was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £185,000 results in an estimated price of approximately £249,886.
31 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 148.6 | 35.074 % | £185,000 | £64,886 | £249,886 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 52.373 % | £96,890 | £281,890 |
3 Month Average | 33.122 % | £61,275 | £246,275 |
6 Month Average | 43.390 % | £80,271 | £265,271 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Sep 2023 | £243,108 | £240,000 | 12 BALFE COURT |
25 Aug 2023 | £176,544 | £175,000 | 22 ARNOLD DRIVE |
24 Jul 2023 | £281,793 | £278,000 | 22 SWAN CLOSE |
14 Apr 2023 | £270,917 | £268,000 | 12 ARNOLD DRIVE |
1 Apr 2022 | £334,685 | £325,000 | 10 BRITTEN CLOSE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 22 Jun 2010. Using an estimated price of £249,886 means this house is valued at £2,313 per sq meter (£214 per sq foot).
The average size of a house on BRITTEN CLOSE is 109 sq meters (1,174 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Britten Close |
Feb 2024 | Other theft | Under investigation | On or near Sullivan Close |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Sullivan Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sullivan Close |
Jan 2024 | Drugs | Awaiting court outcome | On or near Arnold Drive |