£735,329
This estimated value is based upon the latest sale price for the house of £487,500 on 10 Jul 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £487,500 | 10 Jul 2014 |
| £249,950 | 14 Oct 2000 |
| Detached |
| Freehold |
| Floor Area: 319 sq meters or 3,433 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 July 2014 the House Price Index for ESSEX was 97.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 50.837%.Applying this 50.837% change to the original purchase price of £487,500 results in an estimated price of approximately £735,329.
| 10 Jul 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 146.7 | 50.837 % | £487,500 | £247,829 | £735,329 |
The Postcode Pricing Model uses changes in average sales price within the CO13 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 | -32.608 % | £-158,962 | £328,537 |
| 3 Month Average | 18.732 % | £91,316 | £578,816 |
| 6 Month Average | 55.481 % | £270,469 | £757,969 |
This house has a floor area of 319 sq meters or 3,433 sq feet when measured on 29 Jun 2015.
The average size of a house on THIRD AVENUE is 193 sq meters (2,082 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Holland Road |
| Mar 2024 | Burglary | Under investigation | On or near Second Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Second Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Second Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Second Avenue |