£267,679
This estimated value is based upon the latest sale price for the house of £163,000 on 29 Jan 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£163,000 | 29 Jan 2007 |
£122,000 | 14 Feb 2003 |
£41,000 | 9 Jun 1997 |
Semi-Detached |
Freehold |
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 January 2007 the House Price Index for ESSEX was 90.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.221%.Applying this 64.221% change to the original purchase price of £163,000 results in an estimated price of approximately £267,679.
29 Jan 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.5 | 148.6 | 64.221 % | £163,000 | £104,679 | £267,679 |
The Postcode Pricing Model uses changes in average sales price within the CO16 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 | 6.744 % | £10,993 | £173,993 |
3 Month Average | 45.957 % | £74,910 | £237,910 |
6 Month Average | 62.362 % | £101,650 | £264,650 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Sep 2023 | £121,554 | £120,000 | 71 MELTON CLOSE |
21 Jul 2023 | £243,274 | £240,000 | 101 FLATFORD DRIVE |
15 Jun 2023 | £253,065 | £250,000 | 15 CAVENDISH DRIVE |
9 Feb 2023 | £354,761 | £355,000 | 23 CAVENDISH DRIVE |
24 Jun 2022 | £253,584 | £250,000 | 1 CLARE WAY |
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Southwold Way |
Feb 2024 | Public order | Under investigation | On or near Aldeburgh Close |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Melton Close |