£288,715
This estimated value is based upon the latest sale price for the house of £180,000 on 29 Nov 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £180,000 | 29 Nov 2013 |
| £215,000 | 18 Oct 2007 |
| £63,000 | 8 Dec 1995 |
| Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 November 2013 the House Price Index for ESSEX was 91.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 60.398%.Applying this 60.398% change to the original purchase price of £180,000 results in an estimated price of approximately £288,715.
| 29 Nov 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 146.7 | 60.398 % | £180,000 | £108,715 | £288,715 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | 140.778 % | £253,399 | £433,399 |
| 3 Month Average | 100.561 % | £181,010 | £361,010 |
| 6 Month Average | 80.472 % | £144,849 | £324,849 |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 20 Mar 2013.
The average size of a house on MODLEN ROAD is 91 sq meters (984 sq feet).
This house is the smallest in the street with a floor area of 64 sq meters (688 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brambles |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Brambles |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Little Harrods |
| Dec 2023 | Other theft | Awaiting court outcome | On or near Hervilly Way |
| Dec 2023 | Violence and sexual offences | Further action is not in the public interest | On or near Grove Avenue |