£504,793
This estimated value is based upon the latest sale price for the house of £399,995 on 26 Oct 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£399,995 | 26 Oct 2017 |
Semi-Detached |
Freehold |
Floor Area: 128 sq meters or 1,377 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 October 2017 the House Price Index for ESSEX was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £399,995 results in an estimated price of approximately £504,793.
26 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 148.6 | 26.200 % | £399,995 | £104,798 | £504,793 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | 34.791 % | £139,161 | £539,156 |
3 Month Average | -6.663 % | £-26,649 | £373,345 |
6 Month Average | 8.943 % | £35,772 | £435,767 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Jul 2023 | £451,071 | £445,000 | 14 BROWN CLOSE |
24 Jul 2023 | £430,798 | £425,000 | 2 EVANS WAY |
14 Jul 2023 | £344,638 | £340,000 | 13 LIME CLOSE |
13 Jul 2023 | £324,366 | £320,000 | 20 LIME CLOSE |
24 Apr 2023 | £424,571 | £420,000 | 8 DRIVER WAY |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 26 Sep 2017. Using an estimated price of £504,794 means this house is valued at £3,943 per sq meter (£366 per sq foot).
The average size of a house on DRIVER WAY is 111 sq meters (1,202 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Brown Close |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Brown Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cornwell Gardens |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cornwell Gardens |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cornwell Gardens |