£174,257
This estimated value is based upon the latest sale price for the house of £120,000 on 19 Jun 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£120,000 | 19 Jun 2015 |
Terraced |
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 June 2015 the House Price Index for ESSEX was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £120,000 results in an estimated price of approximately £174,257.
19 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
102.3 | 148.6 | 45.215 % | £120,000 | £54,257 | £174,257 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 27.760 % | £33,312 | £153,312 |
3 Month Average | 32.591 % | £39,108 | £159,108 |
6 Month Average | 33.732 % | £40,478 | £160,478 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £200,000 | £200,000 | 23 POUND FARM DRIVE |
18 Dec 2023 | £215,775 | £212,000 | 31 POUND FARM DRIVE |
28 Sep 2023 | £182,331 | £180,000 | 15 CLARKES ROAD |
4 Sep 2023 | £246,147 | £243,000 | 46 CLARKES ROAD |
1 Sep 2023 | £198,539 | £196,000 | 28 CLARKES ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 20 Jan 2015. Using an estimated price of £174,258 means this house is valued at £1,894 per sq meter (£175 per sq foot).
The average size of a house on POUND FARM DRIVE is 93 sq meters (1,009 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Clarke'S Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rose Gardens |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oulton Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Pound Farm Drive |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pound Farm Drive |