£300,333
This estimated value is based upon the latest sale price for the house of £220,000 on 12 Feb 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Suite 1G, Widford Business Centre, 33 Robjohns Road, Chelmsford, CM1 3AG
Phone: 01277576821
Price Paid | Date |
---|---|
£220,000 | 12 Feb 2016 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 947 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 February 2016 the House Price Index for ESSEX was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £220,000 results in an estimated price of approximately £300,333.
12 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.9 | 148.6 | 36.515 % | £220,000 | £80,333 | £300,333 |
The Postcode Pricing Model uses changes in average sales price within the CM1 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 | 33.134 % | £72,895 | £292,895 |
3 Month Average | 7.657 % | £16,845 | £236,845 |
6 Month Average | 23.690 % | £52,117 | £272,117 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £304,508 | £300,000 | 4 WINDSOR WAY |
26 Jul 2023 | £274,697 | £271,000 | 56 SAVERNAKE ROAD |
31 Jan 2023 | £343,382 | £345,000 | 40 CHARNWOOD AVENUE |
30 Jun 2022 | £289,085 | £285,000 | 31 EPPING CLOSE |
6 Apr 2022 | £360,430 | £350,000 | 6 STANSTED CLOSE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 1 Aug 2015. Using an estimated price of £300,333 means this house is valued at £3,412 per sq meter (£317 per sq foot).
The average size of a house on WINDSOR WAY is 119 sq meters (1,288 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Under investigation | On or near Forest Drive |
Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Supermarket |