£524,466
This estimated value is based upon the latest sale price for the house of £430,000 on 25 Jun 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £430,000 | 25 Jun 2019 |
| £350,000 | 26 Sep 2014 |
| £92,000 | 31 Oct 1997 |
| Detached |
| Freehold |
| Floor Area: 171 sq meters or 1,840 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 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.969%.Applying this 21.969% change to the original purchase price of £430,000 results in an estimated price of approximately £524,466.
| 25 Jun 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.969 % | £430,000 | £94,466 | £524,466 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | -20.625 % | £-88,688 | £341,311 |
| 3 Month Average | -5.103 % | £-21,943 | £408,056 |
| 6 Month Average | 4.251 % | £18,281 | £448,281 |
This house has a floor area of 171 sq meters or 1,840 sq feet when measured on 19 Apr 2016.
The average size of a house on THE DRIVE is 119 sq meters (1,287 sq feet).
This house is the largest in the street with a floor area of 171 sq meters (1,840 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Seafield Road |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Seafield Road |