£402,034
This estimated value is based upon the latest sale price for the house of £395,000 on 20 Dec 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£395,000 | 20 Dec 2023 |
£346,995 | 24 May 2019 |
Semi-Detached |
Freehold |
Floor Area: 85 sq meters or 914 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 2023 the House Price Index for ESSEX was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £395,000 results in an estimated price of approximately £402,034.
20 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.0 | 148.6 | 1.781 % | £395,000 | £7,034 | £402,034 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | -2.146 % | £-8,476 | £386,523 |
3 Month Average | -1.086 % | £-4,290 | £390,709 |
6 Month Average | -5.810 % | £-22,948 | £372,051 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £402,034 | £395,000 | 3 COLLAR WAY |
22 Nov 2023 | £243,607 | £240,000 | 49 BUTCHER ROW |
23 Jun 2023 | £250,535 | £247,500 | 35 BUTCHER ROW |
9 Jan 2023 | £221,954 | £223,000 | 27 BUTCHER ROW |
11 Aug 2022 | £747,987 | £750,000 | 6 BONES CROFT |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 10 May 2019. Using an estimated price of £402,034 means this house is valued at £4,729 per sq meter (£439 per sq foot).
The average size of a house on COLLAR WAY is 104 sq meters (1,127 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Collar Way |
Apr 2024 | Shoplifting | Under investigation | On or near Collar Way |
Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Collar Way |
Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Collar Way |
Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Collar Way |