£307,072
This estimated value is based upon the latest sale price for the house of £164,995 on 29 Apr 2005. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£164,995 | 29 Apr 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 69 sq meters or 742 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 April 2005 the House Price Index for ESSEX was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.110%.Applying this 86.110% change to the original purchase price of £164,995 results in an estimated price of approximately £307,072.
29 Apr 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 148.6 | 86.110 % | £164,995 | £142,077 | £307,072 |
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 | 40.497 % | £66,818 | £231,813 |
3 Month Average | 34.667 % | £57,199 | £222,194 |
6 Month Average | 60.931 % | £100,532 | £265,527 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £186,259 | £183,000 | 24 MORTIMER WAY |
15 Sep 2023 | £329,209 | £325,000 | 158 MORTIMER WAY |
18 Aug 2023 | £302,648 | £300,000 | 144 MORTIMER WAY |
7 Jul 2023 | £344,638 | £340,000 | 59 MORTIMER WAY |
5 Jun 2023 | £182,207 | £180,000 | 14 MORTIMER WAY |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 9 Aug 2018. Using an estimated price of £307,073 means this house is valued at £4,450 per sq meter (£413 per sq foot).
The average size of a house on MORTIMER WAY is 69 sq meters (743 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mortimer Way |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mortimer Way |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sneezum Walk |
Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sneezum Walk |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Randall Close |