£152,228
This estimated value is based upon the latest sale price for the house of £103,000 on 13 Feb 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £103,000 | 13 Feb 2015 |
| £91,000 | 27 Jun 2008 |
| £82,500 | 1 Mar 2004 |
| £48,000 | 30 Jun 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 February 2015 the House Price Index for ESSEX was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £103,000 results in an estimated price of approximately £152,228.
| 13 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £103,000 | £49,228 | £152,228 |
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 | 60.627 % | £62,445 | £165,445 |
| 3 Month Average | 41.011 % | £42,240 | £145,240 |
| 6 Month Average | 55.786 % | £57,459 | £160,459 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £192,592 | £190,000 | 5 SPRUCE AVENUE |
| 8 Mar 2023 | £262,473 | £260,000 | 38 HAWTHORN AVENUE |
| 29 Sep 2022 | £167,646 | £169,000 | 4 SOLWAY COURT HAWTHORN AVENUE |
| 8 Jul 2022 | £280,756 | £280,000 | 22 HAWTHORN AVENUE |
| 31 May 2022 | £178,361 | £175,000 | 64 HAWTHORN AVENUE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 28 Mar 2014. Using an estimated price of £152,228 means this house is valued at £2,537 per sq meter (£235 per sq foot).
The average size of a house on SYCAMORE ROAD is 72 sq meters (776 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Spruce Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Spruce Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Spruce Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Spruce Avenue |
| Jan 2024 | Other crime | Under investigation | On or near Spruce Avenue |