£520,354
This estimated value is based upon the latest sale price for the house of £330,000 on 31 Jan 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£330,000 | 31 Jan 2014 |
£375,000 | 5 Oct 2006 |
£317,500 | 19 Dec 2002 |
Detached |
Freehold |
Floor Area: 163 sq meters or 1,754 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 January 2014 the House Price Index for ESSEX was 93.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 57.683%.Applying this 57.683% change to the original purchase price of £330,000 results in an estimated price of approximately £520,354.
31 Jan 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.0 | 146.7 | 57.683 % | £330,000 | £190,354 | £520,354 |
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 | 15.739 % | £51,937 | £381,937 |
3 Month Average | 19.876 % | £65,590 | £395,590 |
6 Month Average | 47.943 % | £158,210 | £488,210 |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 10 Oct 2013.
The average size of a house on ELGAR DRIVE is 118 sq meters (1,280 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other crime | Further action is not in the public interest | On or near Bantock Way |
Feb 2024 | Violence and sexual offences | Local resolution | On or near Bantock Way |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Bantock Way |
Mar 2024 | Burglary | Action to be taken by another organisation | On or near Maltings Court |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holst Avenue |