£298,089
This estimated value is based upon the latest sale price for the house of £172,000 on 6 Jun 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £172,000 | 6 Jun 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,043 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 2011 the House Price Index for ESSEX was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £172,000 results in an estimated price of approximately £298,089.
| 6 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 148.6 | 73.308 % | £172,000 | £126,089 | £298,089 |
The Postcode Pricing Model uses changes in average sales price within the CO2 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 | 48.378 % | £83,209 | £255,209 |
| 3 Month Average | 60.849 % | £104,659 | £276,659 |
| 6 Month Average | 74.314 % | £127,819 | £299,819 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £568,415 | £560,000 | 106 SHRUB END ROAD |
| 14 Aug 2023 | £332,912 | £330,000 | 33 RAYNER ROAD |
| 22 Jun 2023 | £217,636 | £215,000 | 50 RAYNER ROAD |
| 1 Mar 2023 | £570,374 | £565,000 | 56 SHRUB END ROAD |
| 28 Nov 2022 | £644,222 | £652,025 | BOADICEA HOUSE BOADICEA WAY |
This house has a floor area of 96 sq meters or 1,043 sq feet when measured on 28 Jan 2011. Using an estimated price of £298,089 means this house is valued at £3,076 per sq meter (£285 per sq foot).
The average size of a house on RAYNER ROAD is 97 sq meters (1,051 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Robbery | Unable to prosecute suspect | On or near B1022 |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near B1022 |
| Dec 2023 | Violence and sexual offences | Further action is not in the public interest | On or near B1022 |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near B1022 |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wilbye Close |