£358,284
This estimated value is based upon the latest sale price for the house of £280,000 on 20 Mar 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £280,000 | 20 Mar 2017 |
| £215,000 | 12 Mar 2008 |
| £66,000 | 26 Jun 1997 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 2017 the House Price Index for ESSEX was 114.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.959%.Applying this 27.959% change to the original purchase price of £280,000 results in an estimated price of approximately £358,284.
| 20 Mar 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 146.7 | 27.959 % | £280,000 | £78,284 | £358,284 |
The Postcode Pricing Model uses changes in average sales price within the CO16 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 | -26.661 % | £-74,649 | £205,350 |
| 3 Month Average | 14.697 % | £41,152 | £321,152 |
| 6 Month Average | 24.357 % | £68,198 | £348,198 |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 12 Mar 2014.
The average size of a house on CLARE WAY is 91 sq meters (989 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Southwold Way |
| Feb 2024 | Public order | Under investigation | On or near Aldeburgh Close |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Flatford Drive |
| Jan 2024 | Other theft | Under investigation | On or near Flatford Drive |
| Dec 2023 | Burglary | Under investigation | On or near Flatford Drive |