£232,799
This estimated value is based upon the latest sale price for the house of £186,320 on 6 Feb 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£186,320 | 6 Feb 2018 |
£157,000 | 20 Apr 2016 |
Semi-Detached |
Freehold |
Floor Area: 84 sq meters or 904 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 February 2018 the House Price Index for ESSEX was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £186,320 results in an estimated price of approximately £232,799.
6 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 148.6 | 24.946 % | £186,320 | £46,479 | £232,799 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 17.995 % | £33,528 | £219,848 |
3 Month Average | 7.843 % | £14,612 | £200,932 |
6 Month Average | 10.263 % | £19,122 | £205,442 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Feb 2023 | £259,825 | £260,000 | 34 OAKLEIGH ROAD |
30 Mar 2022 | £243,522 | £235,000 | 5 HOMERTON CLOSE |
18 Mar 2022 | £274,610 | £265,000 | 23 FARMLEIGH AVENUE |
23 Feb 2022 | £262,174 | £250,000 | 1 LEYTON COURT |
24 Sep 2021 | £296,338 | £275,000 | 9 LEYTON COURT |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 1 Mar 2016. Using an estimated price of £232,799 means this house is valued at £2,771 per sq meter (£257 per sq foot).
The average size of a house on WOODFORD CLOSE is 98 sq meters (1,062 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Woodford Close |
Mar 2024 | Public order | Under investigation | On or near Farmleigh Avenue |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near St Clair Close |
Mar 2024 | Possession of weapons | Under investigation | On or near Oakleigh Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Oakleigh Road |