£179,886
This estimated value is based upon the latest sale price for the house of £53,500 on 6 Jul 2001. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Simons Lane Magdalen Green
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| Price Paid | Date |
|---|---|
| £53,500 | 6 Jul 2001 |
| £36,995 | 18 Aug 1995 |
| Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2001 the House Price Index for ESSEX was 44.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 236.237%.Applying this 236.237% change to the original purchase price of £53,500 results in an estimated price of approximately £179,886.
| 6 Jul 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.2 | 148.6 | 236.237 % | £53,500 | £126,386 | £179,886 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | 69.325 % | £37,089 | £90,589 |
| 3 Month Average | 168.928 % | £90,376 | £143,876 |
| 6 Month Average | 180.949 % | £96,807 | £150,307 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £861,009 | £850,000 | 22A WIMPOLE ROAD |
| 5 Sep 2023 | £262,354 | £259,000 | 22 WINSLEY ROAD |
| 4 Jul 2023 | £212,865 | £210,000 | 120 MAGDALEN STREET |
| 24 Feb 2023 | £224,849 | £225,000 | 11 SIMONS LANE |
| 21 Apr 2022 | £242,003 | £235,000 | 110 KENDALL ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 16 Dec 2015. Using an estimated price of £179,887 means this house is valued at £2,336 per sq meter (£217 per sq foot).
The average size of a house on WIMPOLE ROAD is 78 sq meters (840 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Simons Lane Magdalen Green |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Simons Lane Magdalen Green |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Simons Lane Magdalen Green |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Simons Lane Magdalen Green |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Simons Lane Magdalen Green |