£231,638
This estimated value is based upon the latest sale price for the house of £136,000 on 26 Feb 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £136,000 | 26 Feb 2010 |
| £115,000 | 9 May 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 2010 the House Price Index for ESSEX was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.322%.Applying this 70.322% change to the original purchase price of £136,000 results in an estimated price of approximately £231,638.
| 26 Feb 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.322 % | £136,000 | £95,638 | £231,638 |
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 | 53.453 % | £72,696 | £208,696 |
| 3 Month Average | 56.418 % | £76,729 | £212,729 |
| 6 Month Average | 70.032 % | £95,243 | £231,243 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Mar 2023 | £383,614 | £380,000 | 28 QUEENSLAND DRIVE |
| 8 Mar 2023 | £269,539 | £267,000 | 31 QUEENSLAND DRIVE |
| 8 Feb 2023 | £331,777 | £332,000 | 44 QUEENSLAND DRIVE |
| 23 Jan 2023 | £303,570 | £305,000 | 52 QUEENSLAND DRIVE |
| 19 Aug 2022 | £269,275 | £270,000 | 41 QUEENSLAND DRIVE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 12 Jun 2020. Using an estimated price of £231,638 means this house is valued at £2,105 per sq meter (£195 per sq foot).
The average size of a house on QUEENSLAND DRIVE is 87 sq meters (938 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Melbourne Chase |
| Feb 2024 | Drugs | Further action is not in the public interest | On or near Melbourne Chase |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Melbourne Chase |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hobart Gardens |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Hobart Gardens |