£362,942
This estimated value is based upon the latest sale price for the house of £210,000 on 17 Dec 2009. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £210,000 | 17 Dec 2009 |
| £188,000 | 15 Mar 2005 |
| £124,500 | 25 May 2001 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,047 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 2009 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £210,000 results in an estimated price of approximately £362,942.
| 17 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.830 % | £210,000 | £152,942 | £362,942 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 85.029 % | £178,561 | £388,561 |
| 3 Month Average | 72.722 % | £152,717 | £362,717 |
| 6 Month Average | 93.007 % | £195,315 | £405,315 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £387,000 | £387,000 | 53 GAVIN WAY |
| 31 Mar 2023 | £348,281 | £345,000 | 9 TIBERIUS CLOSE |
| 20 Mar 2023 | £524,946 | £520,000 | 70 GAVIN WAY |
| 16 Feb 2023 | £319,785 | £320,000 | 16 PETRONIUS WAY |
| 27 May 2022 | £367,933 | £361,000 | 83 GAVIN WAY |
This house has a floor area of 97 sq meters or 1,047 sq feet when measured on 25 Aug 2009. Using an estimated price of £362,942 means this house is valued at £3,727 per sq meter (£346 per sq foot).
The average size of a house on MARCUS CLOSE is 98 sq meters (1,058 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marcus Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marcus Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marcus Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marcus Close |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Tiberius Close |