£175,290
This estimated value is based upon the latest sale price for the house of £137,000 on 8 Aug 2017. 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 Grove Avenue
More crime details
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Price Paid | Date |
---|---|
£137,000 | 8 Aug 2017 |
Terraced |
Freehold |
Floor Area: 75 sq meters or 807 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 August 2017 the House Price Index for ESSEX was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £137,000 results in an estimated price of approximately £175,290.
8 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.0 | 149.7 | 27.949 % | £137,000 | £38,290 | £175,290 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | -5.494 % | £-7,526 | £129,473 |
3 Month Average | 46.832 % | £64,159 | £201,159 |
6 Month Average | 43.284 % | £59,298 | £196,298 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Jul 2024 | £172,500 | £172,500 | 13 GROVE AVENUE |
17 Nov 2023 | £286,267 | £279,000 | 1 GOULDINGS AVENUE |
2 Jun 2023 | £244,908 | £240,000 | 3 GOULDINGS AVENUE |
27 Jan 2023 | £278,745 | £278,000 | 69 KIRBY ROAD |
30 Jun 2022 | £296,334 | £290,000 | 12 GOULDINGS AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 16 May 2017. Using an estimated price of £175,290 means this house is valued at £2,337 per sq meter (£217 per sq foot).
The average size of a house on GROVE AVENUE is 97 sq meters (1,049 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Grove Avenue |
May 2024 | Anti-social behaviour | On or near Grove Avenue | |
May 2024 | Anti-social behaviour | On or near Grove Avenue | |
May 2024 | Anti-social behaviour | On or near Grove Avenue | |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grove Avenue |