£182,423
This estimated value is based upon the latest sale price for the house of £42,500 on 27 Aug 1999. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £42,500 | 27 Aug 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 August 1999 the House Price Index for ESSEX was 34.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 329.231%.Applying this 329.231% change to the original purchase price of £42,500 results in an estimated price of approximately £182,423.
| 27 Aug 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.6 | 148.6 | 329.231 % | £42,500 | £139,923 | £182,423 |
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 | 346.241 % | £147,152 | £189,652 |
| 3 Month Average | 294.269 % | £125,064 | £167,564 |
| 6 Month Average | 340.649 % | £144,775 | £187,275 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £175,000 | £175,000 | 26 LIME AVENUE |
| 29 Nov 2023 | £274,057 | £270,000 | 15 LARCH CLOSE |
| 31 Mar 2023 | £227,140 | £225,000 | 26 SYCAMORE ROAD |
| 29 Mar 2023 | £262,473 | £260,000 | 24 CONIFER CLOSE |
| 3 Mar 2023 | £260,959 | £258,500 | 22 LIME AVENUE |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 19 Jun 2015. Using an estimated price of £182,423 means this house is valued at £4,560 per sq meter (£423 per sq foot).
The average size of a house on SYCAMORE ROAD is 72 sq meters (776 sq feet).
This house is the smallest in the street with a floor area of 40 sq meters (430 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Juniper Way |
| Mar 2024 | Other theft | Under investigation | On or near Juniper Way |
| Mar 2024 | Other crime | Awaiting court outcome | On or near Juniper Way |
| Mar 2024 | Drugs | Offender given a caution | On or near Conifer Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Conifer Close |