£431,261
This estimated value is based upon the latest sale price for the house of £249,500 on 30 Aug 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£249,500 | 30 Aug 2011 |
£202,000 | 30 Jul 2003 |
£170,000 | 16 May 2002 |
£155,000 | 16 Aug 2000 |
Detached |
Freehold |
Floor Area: 127 sq meters or 1,374 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 2011 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £249,500 results in an estimated price of approximately £431,261.
30 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.850 % | £249,500 | £181,761 | £431,261 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | 31.260 % | £77,994 | £327,494 |
3 Month Average | 42.519 % | £106,085 | £355,585 |
6 Month Average | 70.230 % | £175,224 | £424,724 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Aug 2023 | £332,912 | £330,000 | 8 OLD MAGISTRATES COURT |
14 Aug 2023 | £85,750 | £85,000 | 42 FOSTER COURT |
31 Mar 2023 | £381,595 | £378,000 | 5 BEVINGTON MEWS |
15 Nov 2022 | £400,153 | £405,000 | 1 OLIVER PLACE |
8 Sep 2022 | £249,981 | £252,000 | 16 CHARLOTTE WAY |
This house has a floor area of 127 sq meters or 1,374 sq feet when measured on 27 May 2010. Using an estimated price of £431,262 means this house is valued at £3,377 per sq meter (£313 per sq foot).
The average size of a house on ABERCORN WAY is 121 sq meters (1,306 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abercorn Way |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Abercorn Way |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Abercorn Way |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Abercorn Way |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Abercorn Way |