£290,672
This estimated value is based upon the latest sale price for the house of £235,000 on 10 Aug 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£235,000 | 10 Aug 2018 |
Detached |
Freehold |
Floor Area: 92 sq meters or 990 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 2018 the House Price Index for ESSEX was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £235,000 results in an estimated price of approximately £290,672.
10 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 148.6 | 23.690 % | £235,000 | £55,672 | £290,672 |
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 | 11.855 % | £27,859 | £262,859 |
3 Month Average | 17.102 % | £40,189 | £275,189 |
6 Month Average | 11.025 % | £25,907 | £260,907 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jul 2023 | £243,274 | £240,000 | 101 FLATFORD DRIVE |
19 Apr 2023 | £202,177 | £200,000 | 79 FLATFORD DRIVE |
28 Feb 2023 | £89,939 | £90,000 | 53 FLATFORD DRIVE |
21 Sep 2022 | £168,638 | £170,000 | 83 FLATFORD DRIVE |
24 Jun 2022 | £253,584 | £250,000 | 1 CLARE WAY |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 10 Feb 2018. Using an estimated price of £290,672 means this house is valued at £3,159 per sq meter (£293 per sq foot).
The average size of a house on FLATFORD DRIVE is 80 sq meters (863 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Public order | Under investigation | On or near Aldeburgh Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Cavendish Drive |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Flatford Drive |
Jan 2024 | Other theft | Under investigation | On or near Flatford Drive |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Holbrook Close |