£277,992
This estimated value is based upon the latest sale price for the house of £225,000 on 28 Nov 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £225,000 | 28 Nov 2019 |
| £220,000 | 15 Sep 2004 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 November 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £225,000 results in an estimated price of approximately £277,992.
| 28 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £225,000 | £52,992 | £277,992 |
The Postcode Pricing Model uses changes in average sales price within the CO16 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 | 0.610 % | £1,372 | £226,372 |
| 3 Month Average | 13.519 % | £30,417 | £255,417 |
| 6 Month Average | 5.498 % | £12,371 | £237,371 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £253,901 | £250,000 | 15 FELIXSTOWE CLOSE |
| 30 Jun 2023 | £229,601 | £225,000 | 12 SHOTLEY CLOSE |
| 24 Mar 2023 | £300,010 | £295,000 | 20 SHOTLEY CLOSE |
| 19 Apr 2022 | £290,478 | £280,000 | 14 FELIXSTOWE CLOSE |
| 14 Apr 2022 | £311,227 | £300,000 | 32 BAWDSEY CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 26 Jun 2018. Using an estimated price of £277,993 means this house is valued at £3,564 per sq meter (£331 per sq foot).
The average size of a house on SHOTLEY CLOSE is 74 sq meters (800 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Under investigation | On or near Bawdsey Close |
| Jun 2024 | Public order | Under investigation | On or near Writtle Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Writtle Close |
| Jul 2024 | Anti-social behaviour | On or near Battisford Drive | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Battisford Drive |