£401,363
This estimated value is based upon the latest sale price for the house of £290,000 on 21 Dec 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £290,000 | 21 Dec 2015 |
| £187,000 | 22 Jul 2005 |
| £137,000 | 30 Apr 2004 |
| £116,500 | 29 Sep 2000 |
| £91,500 | 30 Jun 1998 |
| Detached |
| Freehold |
| Floor Area: 73 sq meters or 796 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 December 2015 the House Price Index for ESSEX was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £290,000 results in an estimated price of approximately £401,363.
| 21 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £290,000 | £111,363 | £401,363 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 26.981 % | £78,246 | £368,246 |
| 3 Month Average | 21.647 % | £62,776 | £352,776 |
| 6 Month Average | 40.626 % | £117,814 | £407,814 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £429,278 | £423,500 | 18 THORNTON DRIVE |
| 5 Aug 2022 | £508,631 | £510,000 | 2 FELLOWES CLOSE |
| 7 Jan 2022 | £252,578 | £240,000 | 36 PETO AVENUE |
| 22 Nov 2021 | £324,454 | £300,000 | 7 RIDDLES DRIVE |
| 30 Sep 2021 | £239,764 | £222,500 | 10 PETO AVENUE |
This house has a floor area of 73 sq meters or 796 sq feet when measured on 15 Sep 2010. Using an estimated price of £401,364 means this house is valued at £5,425 per sq meter (£504 per sq foot).
The average size of a house on RIDDLES DRIVE is 85 sq meters (917 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shopping Area |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shopping Area |
| Mar 2024 | Anti-social behaviour | On or near Shopping Area | |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shopping Area |
| Mar 2024 | Anti-social behaviour | On or near Shopping Area |