£381,976
This estimated value is based upon the latest sale price for the house of £250,000 on 3 Jul 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £250,000 | 3 Jul 2014 |
| £55,000 | 9 Oct 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 2014 the House Price Index for ESSEX was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £250,000 results in an estimated price of approximately £381,976.
| 3 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £250,000 | £131,976 | £381,976 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | 9.998 % | £24,994 | £274,994 |
| 3 Month Average | 20.208 % | £50,520 | £300,520 |
| 6 Month Average | 47.360 % | £118,400 | £368,400 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £445,699 | £440,000 | 60 PONDHOLTON DRIVE |
| 21 Jul 2023 | £425,730 | £420,000 | 19 OLIVERS DRIVE |
| 31 Mar 2023 | £237,235 | £235,000 | 4 GAY BOWERS WAY |
| 21 Mar 2023 | £373,519 | £370,000 | 14 PONDHOLTON DRIVE |
| 20 Mar 2023 | £328,091 | £325,000 | 13 HALFACRES |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 18 Jul 2013. Using an estimated price of £381,976 means this house is valued at £2,915 per sq meter (£270 per sq foot).
The average size of a house on GAY BOWERS WAY is 99 sq meters (1,073 sq feet).
This house is the largest in the street with a floor area of 131 sq meters (1,410 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Pondholton Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Graces Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Graces Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashby Road |
| Jan 2024 | Drugs | Further action is not in the public interest | On or near Kinloch Chase |