£196,155
This estimated value is based upon the latest sale price for the house of £42,000 on 2 Jul 1998. This value is then adjusted by the current Official House Price Index for ESSEX 1
There have been two burglaries within the last year on or near Lufkin Road
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| Price Paid | Date |
|---|---|
| £42,000 | 2 Jul 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 1998 the House Price Index for ESSEX was 31.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 367.038%.Applying this 367.038% change to the original purchase price of £42,000 results in an estimated price of approximately £196,155.
| 2 Jul 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 148.6 | 367.038 % | £42,000 | £154,155 | £196,155 |
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 | 308.253 % | £129,466 | £171,466 |
| 3 Month Average | 270.691 % | £113,690 | £155,690 |
| 6 Month Average | 343.568 % | £144,298 | £186,298 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £326,961 | £323,000 | 65 HOLLYMEAD CLOSE |
| 3 Dec 2021 | £284,986 | £266,000 | 70 HOLLYMEAD CLOSE |
| 5 Nov 2021 | £292,009 | £270,000 | 124 TURNER ROAD |
| 24 Sep 2021 | £213,363 | £198,000 | 56 HOLLYMEAD CLOSE |
| 8 Dec 2020 | £162,975 | £142,000 | 20 BRINKLEY PLACE |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 24 Sep 2019. Using an estimated price of £196,156 means this house is valued at £3,772 per sq meter (£350 per sq foot).
The average size of a house on BRINKLEY PLACE is 45 sq meters (490 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Lufkin Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Lufkin Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hollymead Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hollymead Close |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Hollymead Close |