£438,535
This estimated value is based upon the latest sale price for the house of £360,000 on 15 Jul 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£360,000 | 15 Jul 2020 |
£325,000 | 29 Apr 2016 |
Detached |
Freehold |
Floor Area: 82 sq meters or 882 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 2020 the House Price Index for ESSEX was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £360,000 results in an estimated price of approximately £438,535.
15 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 149.7 | 21.815 % | £360,000 | £78,535 | £438,535 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | -57.194 % | £-205,897 | £154,102 |
3 Month Average | 17.371 % | £62,537 | £422,537 |
6 Month Average | 12.728 % | £45,820 | £405,820 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Aug 2023 | £330,969 | £325,000 | 5 REMINDER CLOSE |
18 Dec 2020 | £597,760 | £517,000 | 22 REPERTOR DRIVE |
17 Dec 2020 | £346,863 | £300,000 | 3 GLENWAY CLOSE |
26 Nov 2020 | £694,922 | £595,000 | 3 MERMAID WAY |
1 Sep 2020 | £350,478 | £293,000 | 5 GLENWAY CLOSE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 12 Apr 2016. Using an estimated price of £438,535 means this house is valued at £5,347 per sq meter (£496 per sq foot).
The average size of a house on GLENWAY CLOSE is 88 sq meters (949 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mundon Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Thalatta Close |
Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Rydal Drive |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Repertor Drive |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Mirosa Drive |