£256,637
This estimated value is based upon the latest sale price for the house of £140,000 on 5 Aug 2005. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £140,000 | 5 Aug 2005 |
| £74,000 | 28 Jun 2000 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 August 2005 the House Price Index for ESSEX was 81.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.313%.Applying this 83.313% change to the original purchase price of £140,000 results in an estimated price of approximately £256,637.
| 5 Aug 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 148.6 | 83.313 % | £140,000 | £116,637 | £256,637 |
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 | 88.357 % | £123,699 | £263,699 |
| 3 Month Average | 61.939 % | £86,714 | £226,714 |
| 6 Month Average | 83.072 % | £116,301 | £256,301 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £288,894 | £285,200 | 13 HOWE CLOSE |
| 16 Jun 2023 | £318,862 | £315,000 | 216 ST ANDREWS AVENUE |
| 28 Sep 2022 | £327,356 | £330,000 | 200 ST ANDREWS AVENUE |
| 20 Dec 2021 | £267,844 | £250,000 | 4 CHASE COURT |
| 1 Dec 2021 | £284,986 | £266,000 | 110 FOREST ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 19 May 2021. Using an estimated price of £256,638 means this house is valued at £2,645 per sq meter (£245 per sq foot).
The average size of a house on FOREST ROAD is 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Robbery | Under investigation | On or near Forest Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chase Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chase Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chase Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chase Court |