£278,845
This estimated value is based upon the latest sale price for the house of £140,000 on 10 Jun 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£140,000 | 10 Jun 2004 |
Detached |
Freehold |
Floor Area: 52 sq meters or 559 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 June 2004 the House Price Index for ESSEX was 75.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 99.175%.Applying this 99.175% change to the original purchase price of £140,000 results in an estimated price of approximately £278,845.
10 Jun 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
75.2 | 149.7 | 99.175 % | £140,000 | £138,845 | £278,845 |
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 | 50.694 % | £70,971 | £210,971 |
3 Month Average | 59.802 % | £83,722 | £223,722 |
6 Month Average | 66.066 % | £92,492 | £232,492 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £396,085 | £390,000 | 7 HIGHLANDS GROVE |
13 Oct 2023 | £271,159 | £265,000 | 38 CHILBURN ROAD |
3 Oct 2023 | £434,877 | £425,000 | 6 HIGHLANDS GROVE |
14 Sep 2023 | £316,988 | £310,000 | 12 ROSE CRESCENT |
30 Mar 2023 | £218,652 | £215,000 | 14 CREDON DRIVE |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 8 Dec 2014. Using an estimated price of £278,846 means this house is valued at £5,362 per sq meter (£498 per sq foot).
The average size of a house on CREDON CLOSE is 68 sq meters (736 sq feet).
This house is the largest in the street with a floor area of 52 sq meters (559 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Credon Close |
Jul 2024 | Other theft | Under investigation | On or near Bramble Way |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rose Crescent |
Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Rose Crescent |
Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Swan Dale |