£550,045
This estimated value is based upon the latest sale price for the house of £360,000 on 3 Jul 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £360,000 | 3 Jul 2014 |
| £250,000 | 19 Jan 2009 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 July 2014 the House Price Index for ESSEX was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £360,000 results in an estimated price of approximately £550,045.
| 3 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £360,000 | £190,045 | £550,045 |
The Postcode Pricing Model uses changes in average sales price within the CO13 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 | 71.967 % | £259,081 | £619,081 |
| 3 Month Average | 25.009 % | £90,033 | £450,033 |
| 6 Month Average | 52.860 % | £190,295 | £550,295 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2023 | £424,571 | £420,000 | 35 WALTHAM WAY |
| 24 Feb 2023 | £314,788 | £315,000 | 26 QUENDON WAY |
| 30 Jun 2022 | £329,659 | £325,000 | 8 QUENDON WAY |
| 9 Jun 2022 | £468,623 | £462,000 | 28 WALTHAM WAY |
| 23 May 2022 | £377,106 | £370,000 | 19 POLE BARN LANE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 8 Aug 2013. Using an estimated price of £550,046 means this house is valued at £5,978 per sq meter (£555 per sq foot).
The average size of a house on WALTHAM WAY is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Quendon Way |
| Feb 2024 | Anti-social behaviour | On or near Winchester Road | |
| Feb 2024 | Anti-social behaviour | On or near Winchester Road | |
| Feb 2024 | Anti-social behaviour | On or near Winchester Road | |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Peacehaven |