£256,098
This estimated value is based upon the latest sale price for the house of £165,000 on 7 Dec 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £165,000 | 7 Dec 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 462 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 December 2007 the House Price Index for ESSEX was 95.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.211%.Applying this 55.211% change to the original purchase price of £165,000 results in an estimated price of approximately £256,098.
| 7 Dec 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 148.6 | 55.211 % | £165,000 | £91,098 | £256,098 |
The Postcode Pricing Model uses changes in average sales price within the CO2 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 | 108.415 % | £178,885 | £343,885 |
| 3 Month Average | 59.508 % | £98,188 | £263,188 |
| 6 Month Average | 57.603 % | £95,045 | £260,045 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £253,757 | £250,000 | 5 JOHN LAWRENCE WALK |
| 15 Nov 2023 | £187,780 | £185,000 | 32 WILLIAM HARRIS WAY |
| 10 Jul 2023 | £235,165 | £232,000 | 16 ROSE ALLEN AVENUE |
| 14 Apr 2023 | £116,252 | £115,000 | 53 WILLIAM HARRIS WAY |
| 27 Mar 2023 | £315,472 | £312,500 | 4 RICHARD NICHOLS CLOSE |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 7 Jul 2021. Using an estimated price of £256,099 means this house is valued at £5,955 per sq meter (£553 per sq foot).
The average size of a house on WILLIAM HARRIS WAY is 77 sq meters (829 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near William Harris Way | |
| Mar 2024 | Burglary | Under investigation | On or near John Hammond Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thomas Benold Walk |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Thomas Benold Walk |
| Mar 2024 | Criminal damage and arson | Offender given a caution | On or near Thomas Benold Walk |