£373,613
This estimated value is based upon the latest sale price for the house of £205,000 on 28 Oct 2005. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£205,000 | 28 Oct 2005 |
£156,500 | 9 Jul 2004 |
Detached |
Freehold |
Floor Area: 88 sq meters or 947 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 October 2005 the House Price Index for ESSEX was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.250%.Applying this 82.250% change to the original purchase price of £205,000 results in an estimated price of approximately £373,613.
28 Oct 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.5 | 148.6 | 82.250 % | £205,000 | £168,613 | £373,613 |
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 | 70.358 % | £144,233 | £349,233 |
3 Month Average | 56.735 % | £116,306 | £321,306 |
6 Month Average | 54.357 % | £111,431 | £316,431 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £231,551 | £227,500 | 32 NORFOLK AVENUE |
13 Dec 2023 | £291,602 | £286,500 | 36 NORFOLK AVENUE |
4 Jan 2023 | £383,195 | £385,000 | 65 GRENFELL AVENUE |
23 Jun 2022 | £344,874 | £340,000 | 33 PICKERS WAY |
22 Jun 2022 | £329,659 | £325,000 | 18 NORFOLK AVENUE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 19 May 2014. Using an estimated price of £373,613 means this house is valued at £4,245 per sq meter (£394 per sq foot).
The average size of a house on SUFFOLK CLOSE is 107 sq meters (1,159 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Elmfield Close |
Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Elmfield Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elmfield Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Devon Way |
Jan 2024 | Anti-social behaviour | On or near Devon Way |