£629,797
This estimated value is based upon the latest sale price for the house of £350,000 on 3 Jul 2009. This value is then adjusted by the current Official House Price Index for ESSEX 1
There have been two burglaries within the last year on or near Chaucer Way
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| Price Paid | Date |
|---|---|
| £350,000 | 3 Jul 2009 |
| £110,000 | 30 May 2000 |
| Detached |
| Freehold |
| Floor Area: 149 sq meters or 1,611 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 2009 the House Price Index for ESSEX was 81.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 79.942%.Applying this 79.942% change to the original purchase price of £350,000 results in an estimated price of approximately £629,797.
| 3 Jul 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 146.7 | 79.942 % | £350,000 | £279,797 | £629,797 |
The Postcode Pricing Model uses changes in average sales price within the CO3 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 | 24.490 % | £85,713 | £435,713 |
| 3 Month Average | 66.408 % | £232,429 | £582,429 |
| 6 Month Average | 86.778 % | £303,724 | £653,724 |
This house has a floor area of 149 sq meters or 1,611 sq feet when measured on 6 Apr 2009.
The average size of a house on CHAUCER WAY is 105 sq meters (1,130 sq feet).
This house is the largest in the street with a floor area of 149 sq meters (1,611 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Chaucer Way |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Chaucer Way |
| Feb 2024 | Anti-social behaviour | On or near Chaucer Way | |
| Feb 2024 | Anti-social behaviour | On or near Chaucer Way | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lexden Grove |