£247,331
This estimated value is based upon the latest sale price for the house of £142,000 on 27 Jul 2006. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£142,000 | 27 Jul 2006 |
£49,500 | 20 Dec 1999 |
Terraced |
Freehold |
Floor Area: 104 sq meters or 1,119 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 2006 the House Price Index for ESSEX was 85.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.177%.Applying this 74.177% change to the original purchase price of £142,000 results in an estimated price of approximately £247,331.
27 Jul 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.9 | 149.7 | 74.177 % | £142,000 | £105,331 | £247,331 |
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 | 30.715 % | £43,615 | £185,615 |
3 Month Average | 39.937 % | £56,710 | £198,710 |
6 Month Average | 48.448 % | £68,796 | £210,796 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £394,626 | £382,500 | 6 OAK CLOSE |
4 Dec 2023 | £283,718 | £275,000 | 23 LITCHFIELD CLOSE |
2 Oct 2023 | £291,623 | £285,000 | 100 ST JOHNS ROAD |
3 May 2022 | £272,088 | £265,000 | 103 LONDON ROAD |
27 Apr 2022 | £303,446 | £292,500 | 29 LITCHFIELD CLOSE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 27 Nov 2014. Using an estimated price of £247,331 means this house is valued at £2,378 per sq meter (£220 per sq foot).
The average size of a house on LITCHFIELD CLOSE is 84 sq meters (906 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Public order | Investigation complete; no suspect identified | On or near Litchfield Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Orchard Place |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Orchard Place |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Orchard Place |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Orchard Place |