£12,266,420
This estimated value is based upon the latest sale price for the house of £8,390,000 on 5 Feb 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Jubilee House, 3 The Drive, Great Warley, Brentwood, CM13 3FR
Phone: 01277576563
Price Paid | Date |
---|---|
£8,390,000 | 5 Feb 2015 |
Freehold |
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 2015 the House Price Index for ESSEX was 100.5.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 46.203%.Applying this 46.203% change to the original purchase price of £8,390,000 results in an estimated price of approximately £12,266,420.
5 Feb 2015 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 147.0 | 46.203 % | £8,390,000 | £3,876,420 | £12,266,420 |
The Postcode Pricing Model uses changes in average sales price within the CM13 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 | -22.557 % | £-1,892,551 | £6,497,448 |
3 Month Average | 0.991 % | £83,182 | £8,473,182 |
6 Month Average | 48.589 % | £4,076,614 | £12,466,614 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Jan 2024 | £174,000 | £174,000 | FLAT 8 GIBRALTAR HOUSE THE DRIVE |
9 Jun 2023 | £324,338 | £325,000 | 38 FLORENCE CLOSE |
9 Mar 2023 | £314,145 | £315,000 | 1 ESSEX WAY |
24 Feb 2023 | £321,069 | £325,000 | 36 FLORENCE CLOSE |
25 Oct 2022 | £337,425 | £345,000 | 6 GREENFIELDS CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Public order | Unable to prosecute suspect | On or near Florence Close |
Dec 2023 | Public order | Unable to prosecute suspect | On or near Florence Close |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Florence Close |
Nov 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Florence Close |
Nov 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Florence Close |