£322,270
This estimated value is based upon the latest sale price for the house of £163,000 on 18 Jun 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£163,000 | 18 Jun 2004 |
Semi-Detached |
Freehold |
Floor Area: 116 sq meters or 1,248 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 June 2004 the House Price Index for ESSEX was 75.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 97.712%.Applying this 97.712% change to the original purchase price of £163,000 results in an estimated price of approximately £322,270.
18 Jun 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
75.2 | 148.6 | 97.712 % | £163,000 | £159,270 | £322,270 |
The Postcode Pricing Model uses changes in average sales price within the CO2 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 | 163.585 % | £266,644 | £429,644 |
3 Month Average | 96.407 % | £157,144 | £320,144 |
6 Month Average | 103.451 % | £168,624 | £331,624 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £300,253 | £295,000 | 44 ABBOTS ROAD |
17 Nov 2023 | £319,734 | £315,000 | 291 OLD HEATH ROAD |
7 Nov 2023 | £279,133 | £275,000 | 32 COTTAGE DRIVE |
2 Nov 2023 | £254,772 | £251,000 | 160 SPEEDWELL ROAD |
21 Jul 2023 | £174,347 | £172,000 | 79 SPEEDWELL ROAD |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 16 Jul 2021. Using an estimated price of £322,270 means this house is valued at £2,778 per sq meter (£258 per sq foot).
The average size of a house on COTTAGE DRIVE is 100 sq meters (1,077 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheveling Road |
Mar 2024 | Public order | Under investigation | On or near Cheveling Road |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Cheveling Road |