£186,420
This estimated value is based upon the latest sale price for the house of £140,000 on 22 Jul 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £140,000 | 22 Jul 2016 |
| £69,000 | 9 Jun 2008 |
| Semi-Detached |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 2016 the House Price Index for ESSEX was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £140,000 results in an estimated price of approximately £186,420.
| 22 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £140,000 | £46,420 | £186,420 |
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 | 20.920 % | £29,287 | £169,287 |
| 3 Month Average | 15.530 % | £21,742 | £161,742 |
| 6 Month Average | 37.963 % | £53,148 | £193,148 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £175,000 | £175,000 | 26 LIME AVENUE |
| 29 Nov 2023 | £274,057 | £270,000 | 15 LARCH CLOSE |
| 17 Nov 2023 | £334,452 | £329,500 | 275B HARWICH ROAD |
| 7 Jul 2023 | £354,775 | £350,000 | 291 HARWICH ROAD |
| 31 Mar 2023 | £227,140 | £225,000 | 26 SYCAMORE ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 17 May 2016. Using an estimated price of £186,421 means this house is valued at £2,912 per sq meter (£270 per sq foot).
The average size of a house on LIME AVENUE is 84 sq meters (908 sq feet).
This house is the smallest in the street with a floor area of 64 sq meters (688 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Aspen Way |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Larch Close |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Juniper Way |
| Mar 2024 | Other crime | Awaiting court outcome | On or near Juniper Way |
| Mar 2024 | Other theft | Under investigation | On or near Juniper Way |