£146,172
This estimated value is based upon the latest sale price for the house of £91,000 on 26 Apr 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£91,000 | 26 Apr 2007 |
£32,000 | 29 Feb 2000 |
£34,000 | 11 Dec 1996 |
£24,000 | 31 Mar 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 51 sq meters or 548 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 April 2007 the House Price Index for ESSEX was 92.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.629%.Applying this 60.629% change to the original purchase price of £91,000 results in an estimated price of approximately £146,172.
26 Apr 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.5 | 148.6 | 60.629 % | £91,000 | £55,172 | £146,172 |
The Postcode Pricing Model uses changes in average sales price within the CO16 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 | 22.896 % | £20,835 | £111,835 |
3 Month Average | 52.974 % | £48,205 | £139,205 |
6 Month Average | 61.834 % | £56,269 | £147,269 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £253,757 | £250,000 | 10 SAXMUNDHAM WAY |
25 Sep 2023 | £268,432 | £265,000 | 9 FARMERS WAY |
30 Jun 2023 | £227,759 | £225,000 | 12 SHOTLEY CLOSE |
23 Jun 2023 | £323,924 | £320,000 | 17 FARMERS WAY |
24 Mar 2023 | £297,806 | £295,000 | 20 SHOTLEY CLOSE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 14 Jun 2019. Using an estimated price of £146,172 means this house is valued at £2,866 per sq meter (£266 per sq foot).
The average size of a house on SAXMUNDHAM WAY is 71 sq meters (774 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Farmers Way |
Dec 2023 | Other crime | Under investigation | On or near Farmers Way |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shotley Close |
Feb 2024 | Other theft | Unable to prosecute suspect | On or near Writtle Close |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Ongar Close |