£498,539
This estimated value is based upon the latest sale price for the house of £407,500 on 10 Jul 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £407,500 | 10 Jul 2018 |
| Detached |
| Freehold |
| Floor Area: 146 sq meters or 1,571 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 2018 the House Price Index for ESSEX was 119.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.341%.Applying this 22.341% change to the original purchase price of £407,500 results in an estimated price of approximately £498,539.
| 10 Jul 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 146.7 | 22.341 % | £407,500 | £91,039 | £498,539 |
The Postcode Pricing Model uses changes in average sales price within the CO3 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 | -14.780 % | £-60,228 | £347,271 |
| 3 Month Average | 3.609 % | £14,707 | £422,207 |
| 6 Month Average | 19.079 % | £77,747 | £485,247 |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 6 Jul 2017.
The average size of a house on REDMILL is 188 sq meters (2,026 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Somers Road |
| Feb 2024 | Anti-social behaviour | On or near Baden Powell Drive | |
| Feb 2024 | Anti-social behaviour | On or near Baden Powell Drive | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowallan Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Rowallan Close |