£234,608
This estimated value is based upon the latest sale price for the house of £130,000 on 10 Aug 2009. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £130,000 | 10 Aug 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 59 sq meters or 635 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 August 2009 the House Price Index for ESSEX was 82.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.468%.Applying this 80.468% change to the original purchase price of £130,000 results in an estimated price of approximately £234,608.
| 10 Aug 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.3 | 148.6 | 80.468 % | £130,000 | £104,608 | £234,608 |
The Postcode Pricing Model uses changes in average sales price within the CO2 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 | 41.355 % | £53,761 | £183,761 |
| 3 Month Average | 69.233 % | £90,002 | £220,002 |
| 6 Month Average | 101.450 % | £131,885 | £261,885 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £325,699 | £320,000 | 8 JAMES GORE DRIVE |
| 24 Nov 2023 | £253,757 | £250,000 | 5 JOHN LAWRENCE WALK |
| 25 Sep 2023 | £238,044 | £235,000 | 14 JAMES GORE DRIVE |
| 31 Aug 2023 | £343,001 | £340,000 | 51 JOHN MACE ROAD |
| 10 Jul 2023 | £235,165 | £232,000 | 16 ROSE ALLEN AVENUE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 24 Jul 2012. Using an estimated price of £234,609 means this house is valued at £3,976 per sq meter (£369 per sq foot).
The average size of a house on JOHN LAWRENCE WALK is 117 sq meters (1,264 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Agnes Silverside Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near James Gore Drive |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near James Gore Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rose Allen Avenue |
| Mar 2024 | Drugs | Under investigation | On or near Rose Allen Avenue |