£178,360
This estimated value is based upon the latest sale price for the house of £175,000 on 31 May 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£175,000 | 31 May 2022 |
£143,000 | 6 Nov 2020 |
£108,000 | 5 Feb 2010 |
£105,995 | 7 Apr 2004 |
£63,000 | 31 Aug 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 52 sq meters or 559 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 May 2022 the House Price Index for ESSEX was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £175,000 results in an estimated price of approximately £178,360.
31 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 148.6 | 1.920 % | £175,000 | £3,360 | £178,360 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 14.237 % | £24,914 | £199,914 |
3 Month Average | 1.655 % | £2,895 | £177,895 |
6 Month Average | 5.894 % | £10,313 | £185,313 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £157,377 | £156,000 | 54 ENVILLE WAY |
27 Jan 2023 | £179,156 | £180,000 | 26 HANBURY GARDENS |
21 Oct 2022 | £178,083 | £180,000 | 44 HANBURY GARDENS |
26 Aug 2022 | £174,530 | £175,000 | 50 ENVILLE WAY |
31 May 2022 | £178,361 | £175,000 | 38 HANBURY GARDENS |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 23 Sep 2020. Using an estimated price of £178,361 means this house is valued at £3,430 per sq meter (£318 per sq foot).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hanbury Gardens |
Jan 2024 | Violence and sexual offences | Local resolution | On or near Langdale Drive |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Langdale Drive |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Enville Way |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Enville Way |