£425,514
This estimated value is based upon the latest sale price for the house of £345,000 on 26 Jul 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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2-4 Highbridge Street, Waltham Abbey, EN9 1DT
Phone: 01992800784
Price Paid | Date |
---|---|
£345,000 | 26 Jul 2019 |
£299,995 | 24 Mar 2016 |
Terraced |
Freehold |
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 July 2019 the House Price Index for ESSEX was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £345,000 results in an estimated price of approximately £425,514.
26 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 148.6 | 23.337 % | £345,000 | £80,514 | £425,514 |
The Postcode Pricing Model uses changes in average sales price within the EN9 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 | 77.386 % | £266,982 | £611,982 |
3 Month Average | 18.418 % | £63,541 | £408,541 |
6 Month Average | 12.973 % | £44,756 | £389,756 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Aug 2023 | £413,618 | £410,000 | 11 MCKEEVER CLOSE, 55 HIGHBRIDGE STREET |
28 Jul 2023 | £293,956 | £290,000 | 1 POWDERMILL LANE |
24 Apr 2023 | £283,048 | £280,000 | 7 POWDERMILL LANE |
5 Jan 2023 | £293,617 | £295,000 | 21 WINCHESTER CLOSE |
2 Feb 2022 | £253,784 | £242,000 | 3 POWDERMILL LANE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 2 Mar 2016. Using an estimated price of £425,514 means this house is valued at £6,863 per sq meter (£637 per sq foot).
The average size of a house on HIGHBRIDGE STREET is 69 sq meters (743 sq feet).