£342,068
This estimated value is based upon the latest sale price for the house of £68,000 on 19 Sep 1997. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £68,000 | 19 Sep 1997 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 September 1997 the House Price Index for ESSEX was 29.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 403.041%.Applying this 403.041% change to the original purchase price of £68,000 results in an estimated price of approximately £342,068.
| 19 Sep 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 149.7 | 403.041 % | £68,000 | £274,068 | £342,068 |
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 | 310.267 % | £210,981 | £278,981 |
| 3 Month Average | 381.026 % | £259,097 | £327,097 |
| 6 Month Average | 383.268 % | £260,622 | £328,622 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £256,511 | £250,000 | 10 SAXMUNDHAM WAY |
| 8 Nov 2023 | £205,209 | £200,000 | 27 WRITTLE CLOSE |
| 25 Sep 2023 | £270,973 | £265,000 | 9 FARMERS WAY |
| 23 Jun 2023 | £326,544 | £320,000 | 17 FARMERS WAY |
| 14 Apr 2022 | £311,227 | £300,000 | 32 BAWDSEY CLOSE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 28 Aug 2015. Using an estimated price of £342,068 means this house is valued at £3,167 per sq meter (£294 per sq foot).
The average size of a house on FARMERS WAY is 108 sq meters (1,169 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farmers Way |
| May 2024 | Other crime | Under investigation | On or near Farmers Way |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Farmers Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Tyler Avenue |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Tyler Avenue |