£283,712
This estimated value is based upon the latest sale price for the house of £287,000 on 5 Dec 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £287,000 | 5 Dec 2022 |
| £157,000 | 1 Nov 2013 |
| £140,000 | 22 May 2006 |
| Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2022 the House Price Index for ESSEX was 148.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.146%.Applying this -1.146% change to the original purchase price of £287,000 results in an estimated price of approximately £283,712.
| 5 Dec 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 146.7 | -1.146 % | £287,000 | £-3,287 | £283,712 |
The Postcode Pricing Model uses changes in average sales price within the CO16 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 | -40.218 % | £-115,425 | £171,574 |
| 3 Month Average | -15.471 % | £-44,400 | £242,599 |
| 6 Month Average | -8.050 % | £-23,102 | £263,897 |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 4 Aug 2021.
The average size of a house on CHANDLERS CLOSE is 97 sq meters (1,052 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Robbery | Under investigation | On or near Tyler Avenue |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Farmers Way |
| Dec 2023 | Other crime | Under investigation | On or near Farmers Way |
| Feb 2024 | Drugs | Investigation complete; no suspect identified | On or near Tanner Close |
| Feb 2024 | Drugs | Under investigation | On or near Tanner Close |