£246,112
This estimated value is based upon the latest sale price for the house of £200,000 on 13 Aug 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £200,000 | 13 Aug 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 August 2019 the House Price Index for ESSEX was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £200,000 results in an estimated price of approximately £246,112.
| 13 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £200,000 | £46,112 | £246,112 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | 26.515 % | £53,030 | £253,030 |
| 3 Month Average | 29.728 % | £59,456 | £259,456 |
| 6 Month Average | 23.574 % | £47,147 | £247,147 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £373,023 | £367,500 | 44 COLUMBINE GARDENS |
| 20 Feb 2023 | £259,825 | £260,000 | 49 RAINHAM WAY |
| 14 Jan 2022 | £342,033 | £325,000 | 51 COLUMBINE GARDENS |
| 3 Dec 2021 | £265,702 | £248,000 | 73 RAINHAM WAY |
| 25 Oct 2021 | £337,476 | £305,000 | 47 RAINHAM WAY |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 25 Jun 2019. Using an estimated price of £246,113 means this house is valued at £3,466 per sq meter (£322 per sq foot).
The average size of a house on WOODSIDE is 76 sq meters (821 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Columbine Gardens |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Columbine Gardens |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Columbine Gardens |
| Apr 2024 | Drugs | Under investigation | On or near B1336 |
| Apr 2024 | Drugs | Local resolution | On or near B1336 |