£278,574
This estimated value is based upon the latest sale price for the house of £160,000 on 29 Dec 2009. 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 |
|---|---|
| £160,000 | 29 Dec 2009 |
| Detached |
| Freehold |
| Floor Area: 75 sq meters or 813 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 December 2009 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.109%.Applying this 74.109% change to the original purchase price of £160,000 results in an estimated price of approximately £278,574.
| 29 Dec 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.109 % | £160,000 | £118,574 | £278,574 |
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 | 43.800 % | £70,079 | £230,079 |
| 3 Month Average | 73.323 % | £117,316 | £277,316 |
| 6 Month Average | 89.318 % | £142,908 | £302,908 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jan 2023 | £278,745 | £278,000 | 69 KIRBY ROAD |
| 8 Aug 2022 | £291,362 | £290,000 | 4 BURNHAM CLOSE |
| 8 Dec 2021 | £300,048 | £278,000 | 24 THORNS WAY |
| 23 Nov 2021 | £321,408 | £295,000 | 73 CLAYS ROAD |
| 25 Oct 2021 | £323,254 | £290,000 | 99 CLAYS ROAD |
This house has a floor area of 75 sq meters or 813 sq feet when measured on 21 Apr 2009. Using an estimated price of £278,574 means this house is valued at £3,685 per sq meter (£342 per sq foot).
The average size of a house on BURNHAM CLOSE is 92 sq meters (995 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 |