£290,208
This estimated value is based upon the latest sale price for the house of £240,000 on 30 Jul 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 | 30 Jul 2020 |
| £130,500 | 27 Jun 2003 |
| £80,000 | 14 Aug 2000 |
| £64,500 | 14 May 1999 |
| £60,000 | 31 Oct 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 59 sq meters or 635 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 July 2020 the House Price Index for ESSEX was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £240,000 results in an estimated price of approximately £290,208.
| 30 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £240,000 | £50,208 | £290,208 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | -2.921 % | £-7,011 | £232,988 |
| 3 Month Average | 6.738 % | £16,171 | £256,171 |
| 6 Month Average | 16.609 % | £39,861 | £279,861 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £29,824,151 | £29,563,239 | ASDA, 9 PETROLEA CLOSE |
| 28 Feb 2023 | £361,757 | £362,000 | 22 CRANBORNE CLOSE |
| 7 Jan 2022 | £252,578 | £240,000 | 36 PETO AVENUE |
| 30 Sep 2021 | £239,764 | £222,500 | 10 PETO AVENUE |
| 29 Jun 2021 | £236,043 | £220,000 | 58 PETO AVENUE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 23 Jan 2020. Using an estimated price of £290,209 means this house is valued at £4,918 per sq meter (£456 per sq foot).
The average size of a house on PETO AVENUE is 97 sq meters (1,049 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shopping Area |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shopping Area |
| Mar 2024 | Anti-social behaviour | On or near Shopping Area | |
| Mar 2024 | Shoplifting | Under investigation | On or near Shopping Area |
| Mar 2024 | Anti-social behaviour | On or near Shopping Area |