£464,059
This estimated value is based upon the latest sale price for the house of £460,000 on 4 Aug 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£460,000 | 4 Aug 2023 |
£375,000 | 13 Dec 2019 |
£260,000 | 21 Apr 2011 |
£235,000 | 12 Dec 2003 |
£161,995 | 31 Oct 2000 |
Detached |
Freehold |
Floor Area: 128 sq meters or 1,378 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 2023 the House Price Index for ESSEX was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £460,000 results in an estimated price of approximately £464,059.
4 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.3 | 148.6 | 0.883 % | £460,000 | £4,059 | £464,059 |
The Postcode Pricing Model uses changes in average sales price within the CM0 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 | -15.426 % | £-70,959 | £389,040 |
3 Month Average | -11.755 % | £-54,071 | £405,928 |
6 Month Average | 10.461 % | £48,122 | £508,122 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £482,138 | £475,000 | 18 BUTTERCUP WAY |
8 Sep 2023 | £468,997 | £463,000 | 3 LAVENDER DRIVE |
4 Aug 2023 | £464,060 | £460,000 | 59 LAVENDER DRIVE |
27 Jan 2023 | £432,961 | £435,000 | 32 BUTTERCUP WAY |
20 Dec 2021 | £455,335 | £425,000 | 44 BUTTERCUP WAY |
This house has a floor area of 128 sq meters or 1,378 sq feet when measured on 18 May 2010. Using an estimated price of £464,060 means this house is valued at £3,624 per sq meter (£336 per sq foot).
The average size of a house on LAVENDER DRIVE is 117 sq meters (1,269 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Action to be taken by another organisation | On or near Lavender Drive |
Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lavender Drive |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Lavender Drive |
Feb 2024 | Public order | Action to be taken by another organisation | On or near Lavender Drive |
Jan 2024 | Public order | Action to be taken by another organisation | On or near Lavender Drive |