£258,979
This estimated value is based upon the latest sale price for the house of £70,000 on 25 Aug 2000. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£70,000 | 25 Aug 2000 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 871 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 August 2000 the House Price Index for ESSEX was 40.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 269.970%.Applying this 269.970% change to the original purchase price of £70,000 results in an estimated price of approximately £258,979.
25 Aug 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.2 | 148.6 | 269.970 % | £70,000 | £188,979 | £258,979 |
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 | 225.615 % | £157,930 | £227,930 |
3 Month Average | 243.380 % | £170,365 | £240,365 |
6 Month Average | 273.102 % | £191,171 | £261,171 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £314,015 | £310,000 | 18 SILVERTHORNE CLOSE |
14 Jun 2023 | £311,777 | £308,000 | 16 CROSSTREE WALK |
28 Jul 2022 | £240,648 | £240,000 | 56 THE WILLOWS |
1 Jul 2022 | £253,683 | £253,000 | 83 THE WILLOWS |
23 May 2022 | £275,185 | £270,000 | 75 THE WILLOWS |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 4 Dec 2016. Using an estimated price of £258,979 means this house is valued at £3,197 per sq meter (£297 per sq foot).
The average size of a house on THE WILLOWS is 89 sq meters (959 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Anti-social behaviour | On or near The Willows | |
Dec 2023 | Anti-social behaviour | On or near The Willows | |
Dec 2023 | Anti-social behaviour | On or near The Willows | |
Dec 2023 | Anti-social behaviour | On or near The Willows | |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crosstree Walk |