£340,330
This estimated value is based upon the latest sale price for the house of £239,500 on 13 Jul 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £239,500 | 13 Jul 2015 |
| £185,000 | 27 May 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 July 2015 the House Price Index for ESSEX was 103.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 42.100%.Applying this 42.100% change to the original purchase price of £239,500 results in an estimated price of approximately £340,330.
| 13 Jul 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 146.7 | 42.100 % | £239,500 | £100,830 | £340,330 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | 1935.784 % | £4,636,202 | £4,875,702 |
| 3 Month Average | 39.819 % | £95,366 | £334,866 |
| 6 Month Average | 36.168 % | £86,621 | £326,121 |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 25 Jul 2013.
The average size of a house on INVERNESS CLOSE is 131 sq meters (1,416 sq feet).
This house is the largest in the street with a floor area of 119 sq meters (1,280 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Awaiting court outcome | On or near Worcester Road |
| Dec 2023 | Vehicle crime | Awaiting court outcome | On or near Worcester Road |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Norwich Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Durham Square |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Durham Square |