£290,254
This estimated value is based upon the latest sale price for the house of £225,000 on 16 Jan 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £225,000 | 16 Jan 2017 |
| £134,000 | 4 Jun 2004 |
| £120,000 | 19 Dec 2003 |
| £92,000 | 7 Nov 2002 |
| £39,500 | 28 Feb 1997 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 844 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 2017 the House Price Index for ESSEX was 113.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 29.002%.Applying this 29.002% change to the original purchase price of £225,000 results in an estimated price of approximately £290,254.
| 16 Jan 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 146.7 | 29.002 % | £225,000 | £65,254 | £290,254 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | -4.463 % | £-10,042 | £214,957 |
| 3 Month Average | 17.932 % | £40,346 | £265,346 |
| 6 Month Average | 25.210 % | £56,722 | £281,722 |
This house has a floor area of 78 sq meters or 844 sq feet when measured on 27 Jul 2011.
The average size of a house on OAKLEY ROAD is 100 sq meters (1,081 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bay View Crescent |
| Mar 2024 | Other crime | Under investigation | On or near Bay View Crescent |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Bay View Crescent |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Hammond Drive |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Mayes Lane |