£182,322
This estimated value is based upon the latest sale price for the house of £105,000 on 2 Dec 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £105,000 | 2 Dec 2011 |
| Detached |
| Freehold |
| Floor Area: 67 sq meters or 723 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 December 2011 the House Price Index for ESSEX was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £105,000 results in an estimated price of approximately £182,322.
| 2 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.641 % | £105,000 | £77,322 | £182,322 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 166.260 % | £174,573 | £279,573 |
| 3 Month Average | 76.432 % | £80,253 | £185,253 |
| 6 Month Average | 66.427 % | £69,747 | £174,747 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £260,215 | £255,000 | 1 REBOW ROAD |
| 20 Jul 2022 | £373,745 | £370,000 | SYCAMORE LOW ROAD |
| 8 Jul 2022 | £181,822 | £180,000 | 99 ABBOTT ROAD |
| 17 Dec 2021 | £377,758 | £350,000 | CYPRESS LOW ROAD |
| 6 Dec 2021 | £188,879 | £175,000 | 43 REBOW ROAD |
This house has a floor area of 67 sq meters or 723 sq feet when measured on 12 Jan 2012. Using an estimated price of £182,323 means this house is valued at £2,713 per sq meter (£252 per sq foot).
The average size of a house on ABBOTT ROAD is 75 sq meters (815 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abbott Road |