£339,099
This estimated value is based upon the latest sale price for the house of £256,000 on 12 Oct 2016. 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 Birch Close
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Price Paid | Date |
---|---|
£256,000 | 12 Oct 2016 |
£158,000 | 17 Nov 2010 |
£157,995 | 7 Sep 2006 |
£149,000 | 23 Feb 2006 |
£58,000 | 2 Jul 1997 |
Semi-Detached |
Freehold |
Floor Area: 58 sq meters or 628 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 October 2016 the House Price Index for ESSEX was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £256,000 results in an estimated price of approximately £339,099.
12 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 148.6 | 32.461 % | £256,000 | £83,099 | £339,099 |
The Postcode Pricing Model uses changes in average sales price within the SS8 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 | 25.598 % | £65,530 | £321,530 |
3 Month Average | 35.072 % | £89,784 | £345,784 |
6 Month Average | 37.478 % | £95,942 | £351,942 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2023 | £309,583 | £305,000 | 22 CHERRY CLOSE |
21 Jul 2023 | £339,570 | £335,000 | 258 LONG ROAD |
12 Jan 2023 | £318,500 | £320,000 | 24 SYCAMORE CLOSE |
31 Oct 2022 | £247,337 | £250,000 | 9 SYCAMORE CLOSE |
17 May 2022 | £152,881 | £150,000 | 3 REDWOODS |
This house has a floor area of 58 sq meters or 628 sq feet when measured on 22 Sep 2010. Using an estimated price of £339,099 means this house is valued at £5,810 per sq meter (£539 per sq foot).
The average size of a house on BIRCH CLOSE is 95 sq meters (1,023 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (628 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Birch Close |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Birch Close |
Jan 2024 | Other crime | Further action is not in the public interest | On or near Birch Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Birch Close |
Feb 2024 | Anti-social behaviour | On or near Sycamore Close |