£293,230
This estimated value is based upon the latest sale price for the house of £180,000 on 23 Feb 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £180,000 | 23 Feb 2007 |
| £147,000 | 22 Aug 2003 |
| £73,800 | 30 Mar 1999 |
| £68,600 | 28 Feb 1997 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 February 2007 the House Price Index for ESSEX was 91.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.906%.Applying this 62.906% change to the original purchase price of £180,000 results in an estimated price of approximately £293,230.
| 23 Feb 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 148.6 | 62.906 % | £180,000 | £113,230 | £293,230 |
The Postcode Pricing Model uses changes in average sales price within the CO2 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 | 47.927 % | £86,269 | £266,269 |
| 3 Month Average | 41.141 % | £74,053 | £254,053 |
| 6 Month Average | 56.344 % | £101,419 | £281,419 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £305,342 | £300,000 | 22 WYCH ELM |
| 14 Jun 2023 | £311,777 | £308,000 | 16 CROSSTREE WALK |
| 28 Jul 2022 | £240,648 | £240,000 | 56 THE WILLOWS |
| 6 Jul 2022 | £355,958 | £355,000 | 3 WYCH ELM |
| 23 May 2022 | £275,185 | £270,000 | 75 THE WILLOWS |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 25 Jan 2016. Using an estimated price of £293,230 means this house is valued at £2,766 per sq meter (£256 per sq foot).
The average size of a house on THE WILLOWS is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crosstree Walk |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Crosstree Walk |
| Dec 2023 | Anti-social behaviour | On or near The Willows | |
| Dec 2023 | Anti-social behaviour | On or near The Willows | |
| Dec 2023 | Anti-social behaviour | On or near The Willows |