£209,648
This estimated value is based upon the latest sale price for the house of £125,000 on 23 Apr 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £125,000 | 23 Apr 2013 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 April 2013 the House Price Index for ESSEX was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.719%.Applying this 67.719% change to the original purchase price of £125,000 results in an estimated price of approximately £209,648.
| 23 Apr 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 148.6 | 67.719 % | £125,000 | £84,648 | £209,648 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 29.983 % | £37,478 | £162,478 |
| 3 Month Average | 57.366 % | £71,707 | £196,707 |
| 6 Month Average | 60.480 % | £75,599 | £200,599 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £293,556 | £290,000 | PATTRICKS HOUSE PATTRICKS LANE |
| 29 Jun 2023 | £151,839 | £150,000 | FLAT 26 OLD CUSTOM HOUSE MAIN ROAD |
| 21 Apr 2023 | £272,939 | £270,000 | 156 HERON WAY |
| 10 Feb 2023 | £144,902 | £145,000 | FLAT 12 OLD CUSTOM HOUSE MAIN ROAD |
| 10 Feb 2023 | £259,825 | £260,000 | 105 HERON WAY |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 15 Oct 2012. Using an estimated price of £209,649 means this house is valued at £3,083 per sq meter (£286 per sq foot).
The average size of a house on HERON WAY is 76 sq meters (822 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Heron Way |
| Feb 2024 | Anti-social behaviour | On or near Heron Way | |
| Feb 2024 | Criminal damage and arson | Further action is not in the public interest | On or near Heron Way |
| Feb 2024 | Anti-social behaviour | On or near Heron Way | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heron Way |