£133,250
This estimated value is based upon the latest sale price for the house of £80,000 on 21 Jun 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £80,000 | 21 Jun 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 June 2013 the House Price Index for ESSEX was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £80,000 results in an estimated price of approximately £133,250.
| 21 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.6 | 66.563 % | £80,000 | £53,250 | £133,250 |
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 | 64.562 % | £51,649 | £131,649 |
| 3 Month Average | 55.467 % | £44,373 | £124,373 |
| 6 Month Average | 78.219 % | £62,575 | £142,575 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £258,786 | £256,000 | 13 ALMOND WAY |
| 8 Mar 2023 | £262,473 | £260,000 | 38 HAWTHORN AVENUE |
| 29 Sep 2022 | £167,646 | £169,000 | 4 SOLWAY COURT HAWTHORN AVENUE |
| 8 Jul 2022 | £280,756 | £280,000 | 22 HAWTHORN AVENUE |
| 31 May 2022 | £178,361 | £175,000 | 64 HAWTHORN AVENUE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 10 Apr 2013. Using an estimated price of £133,251 means this house is valued at £1,850 per sq meter (£171 per sq foot).
The average size of a house on ACACIA AVENUE is 92 sq meters (993 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Honeysuckle Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Honeysuckle Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Honeysuckle Way |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Honeysuckle Way |
| Dec 2023 | Anti-social behaviour | On or near Honeysuckle Way |