£316,669
This estimated value is based upon the latest sale price for the house of £220,000 on 24 Jul 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Salamanca Way
More crime details
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Price Paid | Date |
---|---|
£220,000 | 24 Jul 2015 |
£187,000 | 23 Sep 2011 |
Semi-Detached |
Freehold |
Floor Area: 82 sq meters or 889 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 July 2015 the House Price Index for ESSEX was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £220,000 results in an estimated price of approximately £316,669.
24 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 148.6 | 43.941 % | £220,000 | £96,669 | £316,669 |
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 | 77.416 % | £170,314 | £390,314 |
3 Month Average | 45.594 % | £100,307 | £320,307 |
6 Month Average | 46.574 % | £102,462 | £322,462 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Mar 2023 | £259,949 | £257,500 | 29 SALAMANCA WAY |
17 Mar 2023 | £358,376 | £355,000 | 8 TALAVERA CRESCENT |
28 Feb 2023 | £147,401 | £147,500 | 18 SALAMANCA WAY |
11 Jan 2023 | £408,078 | £410,000 | 12 CORUNNA DRIVE |
26 Oct 2022 | £331,431 | £335,000 | 21 CORUNNA DRIVE |
This house has a floor area of 82 sq meters or 889 sq feet when measured on 8 Aug 2011. Using an estimated price of £316,669 means this house is valued at £3,832 per sq meter (£356 per sq foot).
The average size of a house on CORUNNA DRIVE is 88 sq meters (951 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near Salamanca Way |
Feb 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Salamanca Way |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Salamanca Way |
Feb 2024 | Anti-social behaviour | On or near Salamanca Way | |
Feb 2024 | Anti-social behaviour | On or near Salamanca Way |