£105,949
This estimated value is based upon the latest sale price for the house of £62,500 on 11 Feb 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £62,500 | 11 Feb 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 37 sq meters or 398 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 February 2011 the House Price Index for ESSEX was 86.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.519%.Applying this 69.519% change to the original purchase price of £62,500 results in an estimated price of approximately £105,949.
| 11 Feb 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 146.7 | 69.519 % | £62,500 | £43,449 | £105,949 |
The Postcode Pricing Model uses changes in average sales price within the CO3 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 | 44.011 % | £27,506 | £90,006 |
| 3 Month Average | 55.571 % | £34,732 | £97,232 |
| 6 Month Average | 62.336 % | £38,960 | £101,460 |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 6 Sep 2021.
The average size of a house on ALAN WAY is 75 sq meters (811 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Offender given a caution | On or near Alan Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Alan Way |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Alan Way |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Alan Way |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Worthington Way |