£400,819
This estimated value is based upon the latest sale price for the house of £400,000 on 18 Sep 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £400,000 | 18 Sep 2023 |
| £258,000 | 4 Dec 2015 |
| Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 September 2023 the House Price Index for ESSEX was 146.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 0.205%.Applying this 0.205% change to the original purchase price of £400,000 results in an estimated price of approximately £400,819.
| 18 Sep 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 146.7 | 0.205 % | £400,000 | £819 | £400,819 |
The Postcode Pricing Model uses changes in average sales price within the CO3 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 | -20.661 % | £-82,642 | £317,357 |
| 3 Month Average | -12.959 % | £-51,837 | £348,162 |
| 6 Month Average | -5.839 % | £-23,356 | £376,643 |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 14 Apr 2015.
The average size of a house on CLARA REEVE CLOSE is 97 sq meters (1,049 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shillito Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shillito Close |
| Jan 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Jan 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Jan 2024 | Anti-social behaviour | On or near Sports/Recreation Area |