£342,724
This estimated value is based upon the latest sale price for the house of £258,000 on 26 Sep 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£258,000 | 26 Sep 2016 |
Terraced |
Leasehold |
Floor Area: 94 sq meters or 1,011 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 September 2016 the House Price Index for ESSEX was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £258,000 results in an estimated price of approximately £342,724.
26 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 148.6 | 32.839 % | £258,000 | £84,724 | £342,724 |
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 | 24.094 % | £62,161 | £320,161 |
3 Month Average | -9.075 % | £-23,412 | £234,587 |
6 Month Average | 12.778 % | £32,966 | £290,966 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jul 2023 | £327,407 | £323,000 | 9 JUNIPER CRESCENT |
27 Apr 2023 | £353,810 | £350,000 | 6 ROWAN WAY |
23 Mar 2023 | £277,615 | £275,000 | 48 LABURNUM WAY |
8 Feb 2023 | £1,649 | £1,650 | 18 JUNIPER CRESCENT |
2 Feb 2022 | £227,829 | £217,250 | 43 ROWAN WAY |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 13 Jun 2016. Using an estimated price of £342,725 means this house is valued at £3,646 per sq meter (£338 per sq foot).
The average size of a house on LABURNUM WAY is 91 sq meters (980 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Juniper Crescent | |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Juniper Crescent |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Hawthorn Rise |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Forest Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Forest Road |