£461,067
This estimated value is based upon the latest sale price for the house of £379,995 on 27 Mar 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£379,995 | 27 Mar 2020 |
Detached |
Freehold |
Floor Area: 103 sq meters or 1,108 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 March 2020 the House Price Index for ESSEX was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £379,995 results in an estimated price of approximately £461,067.
27 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 149.7 | 21.335 % | £379,995 | £81,072 | £461,067 |
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 | 24.207 % | £91,984 | £471,979 |
3 Month Average | 1.147 % | £4,358 | £384,353 |
6 Month Average | 2.682 % | £10,191 | £390,186 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £407,522 | £395,000 | 3 COLLAR WAY |
22 Nov 2023 | £246,251 | £240,000 | 49 BUTCHER ROW |
23 Jun 2023 | £252,561 | £247,500 | 35 BUTCHER ROW |
9 Jan 2023 | £223,597 | £223,000 | 27 BUTCHER ROW |
11 Aug 2022 | £753,523 | £750,000 | 6 BONES CROFT |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 11 Mar 2020. Using an estimated price of £461,068 means this house is valued at £4,476 per sq meter (£415 per sq foot).
The average size of a house on BRIGHT AVENUE is 137 sq meters (1,481 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Drugs | Unable to prosecute suspect | On or near Bright Avenue |
Jun 2024 | Drugs | Local resolution | On or near Bright Avenue |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Stoneham Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ingles Drive |
Jul 2024 | Shoplifting | Under investigation | On or near Claydon Grove |