£560,004
This estimated value is based upon the latest sale price for the house of £199,950 on 26 Jul 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£199,950 | 26 Jul 2002 |
Detached |
Freehold |
Floor Area: 144 sq meters or 1,550 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 July 2002 the House Price Index for ESSEX was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £199,950 results in an estimated price of approximately £560,004.
26 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
53.1 | 148.6 | 180.072 % | £199,950 | £360,054 | £560,004 |
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 | 96.677 % | £193,306 | £393,256 |
3 Month Average | 117.752 % | £235,444 | £435,394 |
6 Month Average | 131.699 % | £263,331 | £463,281 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £277,102 | £273,000 | 83 GRAVEL HILL WAY |
14 Apr 2023 | £156,687 | £155,000 | 7 BEXLEY AVENUE |
15 Nov 2021 | £254,156 | £235,000 | 99 GRAVEL HILL WAY |
30 Sep 2021 | £161,639 | £150,000 | 22 BEXLEY AVENUE |
29 Sep 2021 | £132,005 | £122,500 | 3 BEXLEY AVENUE |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 29 May 2014. Using an estimated price of £560,004 means this house is valued at £3,888 per sq meter (£361 per sq foot).
The average size of a house on GRAVEL HILL WAY is 74 sq meters (796 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gravel Hill Way |
Dec 2023 | Other crime | Awaiting court outcome | On or near Earlhams Close |
Mar 2024 | Violence and sexual offences | Offender given a caution | On or near Musgrave Close |
Jan 2024 | Anti-social behaviour | On or near Goodlake Close | |
Jan 2024 | Anti-social behaviour | On or near Goodlake Close |