£1,584,965
This estimated value is based upon the latest sale price for the house of £1,100,000 on 8 May 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near The Leas
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| Price Paid | Date |
|---|---|
| £1,100,000 | 8 May 2015 |
| £637,500 | 4 Mar 2008 |
| Detached |
| Freehold |
| Floor Area: 365 sq meters or 3,928 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 May 2015 the House Price Index for ESSEX was 101.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 44.088%.Applying this 44.088% change to the original purchase price of £1,100,000 results in an estimated price of approximately £1,584,965.
| 8 May 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 146.7 | 44.088 % | £1,100,000 | £484,965 | £1,584,965 |
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 | -47.662 % | £-524,283 | £575,716 |
| 3 Month Average | 24.325 % | £267,570 | £1,367,570 |
| 6 Month Average | 45.566 % | £501,223 | £1,601,223 |
This house has a floor area of 365 sq meters or 3,928 sq feet when measured on 30 Apr 2014.
The average size of a house on CLIFF WAY is 367 sq meters (3,958 sq feet).
This house is the largest in the street with a floor area of 365 sq meters (3,928 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near The Leas |
| Feb 2024 | Anti-social behaviour | On or near Winchester Road | |
| Feb 2024 | Anti-social behaviour | On or near Winchester Road | |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Stansted Way |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oxford Road |