£371,499
This estimated value is based upon the latest sale price for the house of £222,000 on 15 May 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£222,000 | 15 May 2013 |
£168,000 | 4 Sep 2012 |
Detached |
Freehold |
Floor Area: 53 sq meters or 579 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 May 2013 the House Price Index for ESSEX was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £222,000 results in an estimated price of approximately £371,499.
15 May 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.8 | 148.6 | 67.342 % | £222,000 | £149,499 | £371,499 |
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 | 54.936 % | £121,958 | £343,958 |
3 Month Average | 38.042 % | £84,452 | £306,452 |
6 Month Average | 65.152 % | £144,637 | £366,637 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Jun 2023 | £364,414 | £360,000 | 1 MAGAZINE FARM WAY |
30 Nov 2022 | £335,931 | £340,000 | 43 VAN DYCK ROAD |
29 Jul 2022 | £350,945 | £350,000 | 45 VAN DYCK ROAD |
29 Jun 2022 | £334,730 | £330,000 | 97 MAGAZINE FARM WAY |
27 May 2022 | £331,241 | £325,000 | 8 WHITEFRIARS WAY |
This house has a floor area of 53 sq meters or 579 sq feet when measured on 5 Oct 2011. Using an estimated price of £371,500 means this house is valued at £6,905 per sq meter (£641 per sq foot).
The average size of a house on BAWTREE WAY is 88 sq meters (949 sq feet).
This house is the smallest in the street with a floor area of 53 sq meters (579 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Under investigation | On or near Magazine Farm Way |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Magazine Farm Way |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Van Dyck Road |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Supermarket |
Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |