£246,913
This estimated value is based upon the latest sale price for the house of £133,750 on 30 Jun 2005. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £133,750 | 30 Jun 2005 |
| £116,500 | 23 Oct 2002 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2005 the House Price Index for ESSEX was 80.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.608%.Applying this 84.608% change to the original purchase price of £133,750 results in an estimated price of approximately £246,913.
| 30 Jun 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 148.6 | 84.608 % | £133,750 | £113,163 | £246,913 |
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 | 76.502 % | £102,321 | £236,071 |
| 3 Month Average | 60.933 % | £81,498 | £215,248 |
| 6 Month Average | 82.153 % | £109,879 | £243,629 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £317,418 | £314,000 | 1 OBERON CLOSE |
| 25 Feb 2022 | £94,383 | £90,000 | 34 KINGFISHER CLOSE |
| 7 Feb 2022 | £361,800 | £345,000 | 38 DUNNOCK WAY |
| 14 Dec 2021 | £257,131 | £240,000 | 20 AVON WAY |
| 13 Aug 2021 | £251,014 | £225,000 | 52 TITANIA CLOSE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 7 Sep 2012. Using an estimated price of £246,914 means this house is valued at £2,654 per sq meter (£246 per sq foot).
The average size of a house on OBERON CLOSE is 120 sq meters (1,295 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Local resolution | On or near Oberon Close |
| Mar 2024 | Drugs | Local resolution | On or near Oberon Close |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Titania Close |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Titania Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Titania Close |