£388,847
This estimated value is based upon the latest sale price for the house of £300,000 on 17 Mar 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £300,000 | 17 Mar 2017 |
| Terraced |
| Freehold |
| Floor Area: 148 sq meters or 1,593 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 2017 the House Price Index for ESSEX was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £300,000 results in an estimated price of approximately £388,847.
| 17 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £300,000 | £88,847 | £388,847 |
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 | 4.005 % | £12,014 | £312,014 |
| 3 Month Average | 2.375 % | £7,123 | £307,123 |
| 6 Month Average | 18.220 % | £54,658 | £354,658 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £176,544 | £175,000 | 22 ARNOLD DRIVE |
| 16 Jun 2023 | £318,862 | £315,000 | 216 ST ANDREWS AVENUE |
| 28 Apr 2023 | £142,535 | £141,000 | 109B FOREST ROAD |
| 27 Apr 2023 | £353,810 | £350,000 | 214 ST ANDREWS AVENUE |
| 24 Apr 2023 | £254,743 | £252,000 | 20 ALEFOUNDER CLOSE |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 14 Jun 2016. Using an estimated price of £388,848 means this house is valued at £2,627 per sq meter (£244 per sq foot).
The average size of a house on TANGERINE CLOSE is 116 sq meters (1,257 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rochdale Way |
| Mar 2024 | Bicycle theft | Under investigation | On or near Alefounder Close |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Rochdale Way |
| Jan 2024 | Other crime | Further action is not in the public interest | On or near Rochdale Way |
| Jan 2024 | Public order | Local resolution | On or near Rochdale Way |