£289,809
This estimated value is based upon the latest sale price for the house of £240,000 on 15 May 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £240,000 | 15 May 2020 |
| £167,000 | 3 Aug 2007 |
| £76,995 | 17 Dec 1999 |
| £50,000 | 28 Feb 1997 |
| 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 May 2020 the House Price Index for ESSEX was 121.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 20.754%.Applying this 20.754% change to the original purchase price of £240,000 results in an estimated price of approximately £289,809.
| 15 May 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 146.7 | 20.754 % | £240,000 | £49,809 | £289,809 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | 1704.724 % | £4,091,337 | £4,331,337 |
| 3 Month Average | 23.199 % | £55,677 | £295,677 |
| 6 Month Average | 2.174 % | £5,216 | £245,216 |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 19 Jul 2016.
The average size of a house on NORWICH CLOSE is 111 sq meters (1,197 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Norwich Close |
| Dec 2023 | Drugs | Local resolution | On or near Guildford Road |
| Dec 2023 | Vehicle crime | Awaiting court outcome | On or near Worcester Road |
| Dec 2023 | Vehicle crime | Awaiting court outcome | On or near Worcester Road |
| Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near Bristol Road |