£206,911
This estimated value is based upon the latest sale price for the house of £140,000 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 |
---|---|
£140,000 | 13 Feb 2015 |
£125,000 | 20 May 2009 |
Flats/Maisonettes |
Leasehold |
Floor Area: 62 sq meters or 667 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 £140,000 results in an estimated price of approximately £206,911.
13 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 148.6 | 47.794 % | £140,000 | £66,911 | £206,911 |
The Postcode Pricing Model uses changes in average sales price within the CO2 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 | 84.455 % | £118,236 | £258,236 |
3 Month Average | 47.509 % | £66,512 | £206,512 |
6 Month Average | 49.989 % | £69,984 | £209,984 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £257,290 | £254,000 | 102 CAELUM DRIVE |
4 Aug 2023 | £174,527 | £173,000 | 89 CAELUM DRIVE |
27 Jun 2023 | £172,084 | £170,000 | 33 CAELUM DRIVE |
21 Jun 2023 | £178,664 | £176,500 | 3 CAELUM DRIVE |
3 Feb 2023 | £167,887 | £168,000 | 20 CAELUM DRIVE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 7 Mar 2019. Using an estimated price of £206,912 means this house is valued at £3,337 per sq meter (£310 per sq foot).
The average size of a house on CAELUM DRIVE is 61 sq meters (660 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Caelum Drive |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Caelum Drive |
Feb 2024 | Drugs | Local resolution | On or near Caelum Drive |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Caelum Drive |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Caelum Drive |