£241,949
This estimated value is based upon the latest sale price for the house of £75,000 on 30 Nov 2001. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £75,000 | 30 Nov 2001 |
| £48,500 | 8 Oct 1999 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 November 2001 the House Price Index for ESSEX was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £75,000 results in an estimated price of approximately £241,949.
| 30 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 149.7 | 222.599 % | £75,000 | £166,949 | £241,949 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 146.166 % | £109,624 | £184,624 |
| 3 Month Average | 151.062 % | £113,296 | £188,296 |
| 6 Month Average | 167.044 % | £125,283 | £200,283 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £185,706 | £180,000 | 12 SYCAMORE WAY |
| 5 Apr 2023 | £234,384 | £230,000 | 11 CHESTNUT AVENUE |
| 24 Mar 2023 | £221,702 | £218,000 | 16 WALNUT WAY |
| 2 Aug 2022 | £195,916 | £195,000 | 30 ALMOND CLOSE |
| 14 Apr 2022 | £197,110 | £190,000 | 9 WALNUT WAY |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 4 Nov 2014. Using an estimated price of £241,949 means this house is valued at £3,269 per sq meter (£303 per sq foot).
The average size of a house on ALMOND CLOSE is 82 sq meters (890 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sycamore Way |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sycamore Way |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stanley Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stanley Road |