£406,030
This estimated value is based upon the latest sale price for the house of £339,995 on 27 Aug 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£339,995 | 27 Aug 2020 |
Detached |
Freehold |
Floor Area: 87 sq meters or 936 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 August 2020 the House Price Index for ESSEX was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £339,995 results in an estimated price of approximately £406,030.
27 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 148.0 | 19.422 % | £339,995 | £66,035 | £406,030 |
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 | 18.704 % | £63,591 | £403,586 |
3 Month Average | 15.182 % | £51,617 | £391,612 |
6 Month Average | 15.566 % | £52,924 | £392,919 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £509,642 | £500,000 | 36 MEMORIAL WAY |
23 Nov 2023 | £524,736 | £518,000 | 29 MURRAY MCPHERSON PARADE |
9 Aug 2023 | £342,080 | £340,000 | 32 ROBERT CAMERON MEWS |
28 Jul 2023 | £307,913 | £305,000 | 28 MEMORIAL WAY |
9 Feb 2023 | £408,070 | £410,000 | 9 DUDLEY ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 14 Jul 2020. Using an estimated price of £406,030 means this house is valued at £4,667 per sq meter (£433 per sq foot).
The average size of a house on WIDGERY WAY is 128 sq meters (1,385 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bray Close |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Jaggard Drive |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Herbert Way |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Herbert Way |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Herbert Way |