£387,802
This estimated value is based upon the latest sale price for the house of £320,000 on 2 Apr 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £320,000 | 2 Apr 2020 |
| £180,000 | 27 Mar 2015 |
| £90,000 | 15 May 2001 |
| £56,500 | 15 Jul 1997 |
| Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 April 2020 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.188%.Applying this 21.188% change to the original purchase price of £320,000 results in an estimated price of approximately £387,802.
| 2 Apr 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 146.7 | 21.188 % | £320,000 | £67,802 | £387,802 |
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 | -32.880 % | £-105,216 | £214,783 |
| 3 Month Average | -7.018 % | £-22,456 | £297,543 |
| 6 Month Average | 10.468 % | £33,499 | £353,499 |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 23 Feb 2018.
The average size of a house on CRANFORD CLOSE is 90 sq meters (974 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Fifth Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ken Gatward Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Witton Wood Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Upper Third Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upper Third Avenue |