£290,422
This estimated value is based upon the latest sale price for the house of £199,995 on 29 Jun 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£199,995 | 29 Jun 2015 |
Terraced |
Freehold |
Floor Area: 58 sq meters or 624 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 June 2015 the House Price Index for ESSEX was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £199,995 results in an estimated price of approximately £290,422.
29 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
102.3 | 148.6 | 45.215 % | £199,995 | £90,427 | £290,422 |
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 | 20.674 % | £41,347 | £241,342 |
3 Month Average | 11.017 % | £22,034 | £222,029 |
6 Month Average | 35.155 % | £70,307 | £270,302 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £300,253 | £295,000 | 60 CONSTANCE CLOSE |
28 Jul 2023 | £192,592 | £190,000 | 9 HENDERSON WAY |
23 Jun 2023 | £198,403 | £196,000 | 94 CONSTANCE CLOSE |
2 Jun 2023 | £227,759 | £225,000 | 74 CONSTANCE CLOSE |
28 Apr 2023 | £192,068 | £190,000 | 118 CONSTANCE CLOSE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 15 Jun 2015. Using an estimated price of £290,423 means this house is valued at £5,007 per sq meter (£465 per sq foot).
The average size of a house on HENDERSON WAY is 74 sq meters (798 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Henderson Way |
Jan 2024 | Other crime | Further action is not in the public interest | On or near Henderson Way |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Henderson Way |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Henderson Way |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Constance Close |