£393,722
This estimated value is based upon the latest sale price for the house of £260,000 on 22 Aug 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£260,000 | 22 Aug 2014 |
Detached |
Freehold |
Floor Area: 98 sq meters or 1,054 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 2014 the House Price Index for ESSEX was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £260,000 results in an estimated price of approximately £393,722.
22 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 148.6 | 51.432 % | £260,000 | £133,722 | £393,722 |
The Postcode Pricing Model uses changes in average sales price within the CO3 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 | 26.285 % | £68,340 | £328,340 |
3 Month Average | 27.607 % | £71,779 | £331,779 |
6 Month Average | 52.449 % | £136,366 | £396,366 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Nov 2023 | £380,635 | £375,000 | 275 STRAIGHT ROAD |
1 Nov 2023 | £329,884 | £325,000 | 11 SHILLITO CLOSE |
19 Sep 2023 | £314,015 | £310,000 | 23 NEWCASTLE AVENUE |
18 Sep 2023 | £405,181 | £400,000 | 7 CLARA REEVE CLOSE |
11 Sep 2023 | £329,209 | £325,000 | 35 NEWCASTLE AVENUE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 29 Apr 2014. Using an estimated price of £393,723 means this house is valued at £4,017 per sq meter (£373 per sq foot).
The average size of a house on CLARA REEVE CLOSE is 97 sq meters (1,049 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shillito Close |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shillito Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dugard Avenue |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Dugard Avenue |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dugard Avenue |