£281,234
This estimated value is based upon the latest sale price for the house of £190,000 on 16 Apr 2015. 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 Parking Area
More crime details
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Price Paid | Date |
---|---|
£190,000 | 16 Apr 2015 |
£77,750 | 19 Aug 1999 |
Detached |
Freehold |
Floor Area: 71 sq meters or 764 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 April 2015 the House Price Index for ESSEX was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £190,000 results in an estimated price of approximately £281,234.
16 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.1 | 149.7 | 48.018 % | £190,000 | £91,234 | £281,234 |
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 | 55.444 % | £105,344 | £295,344 |
3 Month Average | 39.365 % | £74,793 | £264,793 |
6 Month Average | 45.899 % | £87,208 | £277,208 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £213,567 | £210,000 | 84 WOODLANDS CLOSE |
10 Feb 2023 | £100,672 | £100,000 | 61 WOODLANDS CLOSE |
11 Aug 2022 | £386,809 | £385,000 | 85A GORSE LANE |
27 Jun 2022 | £275,898 | £270,000 | 57 WOODLANDS CLOSE |
13 Jun 2022 | £265,679 | £260,000 | 196 GORSE LANE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 5 May 2015. Using an estimated price of £281,234 means this house is valued at £3,961 per sq meter (£367 per sq foot).
The average size of a house on GORSE LANE is 107 sq meters (1,152 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
Jul 2024 | Shoplifting | Under investigation | On or near Parking Area |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Parking Area |