£293,466
This estimated value is based upon the latest sale price for the house of £172,000 on 30 Dec 2009. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £172,000 | 30 Dec 2009 |
| £58,500 | 30 Jan 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,032 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 December 2009 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.620%.Applying this 70.620% change to the original purchase price of £172,000 results in an estimated price of approximately £293,466.
| 30 Dec 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 146.7 | 70.620 % | £172,000 | £121,466 | £293,466 |
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 | 85.029 % | £146,250 | £318,250 |
| 3 Month Average | 72.722 % | £125,082 | £297,082 |
| 6 Month Average | 93.007 % | £159,972 | £331,972 |
This house has a floor area of 95 sq meters or 1,032 sq feet when measured on 23 Sep 2009.
The average size of a house on RAYLEIGH CLOSE is 75 sq meters (817 sq feet).
This house is the largest in the street with a floor area of 95 sq meters (1,032 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Rayleigh Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Rayleigh Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Rayleigh Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near King Cole Place |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near King Cole Place |