£243,423
This estimated value is based upon the latest sale price for the house of £136,500 on 25 Sep 2009. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £136,500 | 25 Sep 2009 |
| Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 September 2009 the House Price Index for ESSEX was 83.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 78.332%.Applying this 78.332% change to the original purchase price of £136,500 results in an estimated price of approximately £243,423.
| 25 Sep 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 148.6 | 78.332 % | £136,500 | £106,923 | £243,423 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 115.837 % | £158,117 | £294,617 |
| 3 Month Average | 48.848 % | £66,677 | £203,177 |
| 6 Month Average | 56.751 % | £77,465 | £213,965 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £250,199 | £247,000 | 16 PUFFINSDALE |
| 3 Apr 2023 | £283,048 | £280,000 | 55 PUFFINSDALE |
| 4 Jul 2022 | £275,742 | £275,000 | 8 NIGHTINGALE CLOSE |
| 11 Feb 2022 | £325,095 | £310,000 | 23 BURRS ROAD |
| 6 Sep 2021 | £272,092 | £252,500 | 22 KESTREL WAY |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 23 May 2009. Using an estimated price of £243,423 means this house is valued at £3,579 per sq meter (£332 per sq foot).
The average size of a house on BURRS ROAD is 88 sq meters (957 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Nightingale Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nightingale Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Nightingale Close |
| Jan 2024 | Anti-social behaviour | On or near Bonham Close | |
| Jan 2024 | Anti-social behaviour | On or near Bonham Close |