£961,633
This estimated value is based upon the latest sale price for the house of £640,000 on 18 Dec 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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134-136 High Street, Epping, CM16 4AG
Phone: 01992843690
Price Paid | Date |
---|---|
£640,000 | 18 Dec 2014 |
£250,000 | 8 Aug 2003 |
Detached |
Freehold |
Floor Area: 152 sq meters or 1,636 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 2014 the House Price Index for ESSEX was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £640,000 results in an estimated price of approximately £961,633.
18 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 149.7 | 50.255 % | £640,000 | £321,633 | £961,633 |
The Postcode Pricing Model uses changes in average sales price within the CM16 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 | -4.810 % | £-30,781 | £609,218 |
3 Month Average | 40.539 % | £259,452 | £899,452 |
6 Month Average | 32.539 % | £208,248 | £848,248 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Jun 2024 | £640,000 | £640,000 | 33 THE ORCHARDS |
4 Aug 2023 | £835,061 | £820,000 | 76 THE ORCHARDS |
9 Mar 2023 | £905,116 | £890,000 | 17 BOWER HILL |
3 May 2022 | £631,451 | £615,000 | 18 BOWER HILL |
18 Mar 2022 | £323,619 | £310,000 | 2 BOWER COURT BOWER HILL |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 17 Apr 2014. Using an estimated price of £961,634 means this house is valued at £6,326 per sq meter (£587 per sq foot).
The average size of a house on THE ORCHARDS is 94 sq meters (1,018 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Drugs | Investigation complete; no suspect identified | On or near Bower Hill |
Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Bower Hill |
Apr 2024 | Criminal damage and arson | Awaiting court outcome | On or near Bower Hill |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bower Vale |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bower Vale |