£115,764
This estimated value is based upon the latest sale price for the house of £110,000 on 14 Jan 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £110,000 | 14 Jan 2022 |
| £108,500 | 23 Feb 2017 |
| £35,500 | 12 Jun 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 January 2022 the House Price Index for ESSEX was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £110,000 results in an estimated price of approximately £115,764.
| 14 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £110,000 | £5,764 | £115,764 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | 1768.932 % | £1,945,825 | £2,055,825 |
| 3 Month Average | 12.387 % | £13,625 | £123,625 |
| 6 Month Average | 2.486 % | £2,735 | £112,735 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £91,603 | £90,000 | FLAT 224 CRANMERE COURT EXETER DRIVE |
| 7 Nov 2023 | £142,104 | £140,000 | FLAT 8 STOPES HOUSE EAGLEGATE |
| 4 Apr 2023 | £205,415 | £203,203 | 5 THE BREWERY TOWER EAGLEGATE |
| 11 Nov 2022 | £309,748 | £313,500 | 24 HEREFORD ROAD |
| 12 May 2022 | £110,074 | £108,000 | FLAT 228 CRANMERE COURT EXETER DRIVE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 13 Jun 2016. Using an estimated price of £115,765 means this house is valued at £2,411 per sq meter (£224 per sq foot).
The average size of a house on EXETER DRIVE is 51 sq meters (552 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eaglegate |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eaglegate |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Eaglegate |
| Dec 2023 | Anti-social behaviour | On or near Eaglegate | |
| Dec 2023 | Anti-social behaviour | On or near Eaglegate |