£274,205
This estimated value is based upon the latest sale price for the house of £80,000 on 11 May 2001. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £80,000 | 11 May 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 2001 the House Price Index for ESSEX was 43.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 242.757%.Applying this 242.757% change to the original purchase price of £80,000 results in an estimated price of approximately £274,205.
| 11 May 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 148.6 | 242.757 % | £80,000 | £194,205 | £274,205 |
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 | 224.097 % | £179,277 | £259,277 |
| 3 Month Average | 206.474 % | £165,179 | £245,179 |
| 6 Month Average | 251.641 % | £201,312 | £281,312 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £192,592 | £190,000 | 5 SPRUCE AVENUE |
| 14 Apr 2023 | £258,786 | £256,000 | 13 ALMOND WAY |
| 29 Sep 2022 | £167,646 | £169,000 | 4 SOLWAY COURT HAWTHORN AVENUE |
| 31 May 2022 | £178,361 | £175,000 | 64 HAWTHORN AVENUE |
| 8 Apr 2022 | £242,003 | £235,000 | 3 SYCAMORE ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 27 Aug 2019. Using an estimated price of £274,206 means this house is valued at £2,384 per sq meter (£221 per sq foot).
The average size of a house on HAWTHORN AVENUE is 80 sq meters (868 sq feet).
This house is the largest in the street with a floor area of 115 sq meters (1,237 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Spruce Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Spruce Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Spruce Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spruce Avenue |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Spruce Avenue |