£193,600
This estimated value is based upon the latest sale price for the house of £134,500 on 3 Jul 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£134,500 | 3 Jul 2015 |
£53,000 | 28 Jun 1996 |
Semi-Detached |
Freehold |
Floor Area: 70 sq meters or 753 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 July 2015 the House Price Index for ESSEX was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £134,500 results in an estimated price of approximately £193,600.
3 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 148.6 | 43.941 % | £134,500 | £59,100 | £193,600 |
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 | 24.864 % | £33,441 | £167,941 |
3 Month Average | 39.397 % | £52,988 | £187,488 |
6 Month Average | 32.618 % | £43,871 | £178,371 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £314,015 | £310,000 | 87 LONG MEADOWS |
13 Jul 2023 | £159,649 | £157,500 | 24 PELHAM CLOSE |
5 Jul 2023 | £248,342 | £245,000 | 26 ARDERNE CLOSE |
3 Feb 2023 | £249,832 | £250,000 | 15 HOLYROOD |
12 Jan 2022 | £247,316 | £235,000 | 39 PELHAM CLOSE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 25 Mar 2015. Using an estimated price of £193,600 means this house is valued at £2,765 per sq meter (£256 per sq foot).
The average size of a house on BALTON WAY is 87 sq meters (946 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Balton Way |
Apr 2024 | Drugs | Under investigation | On or near Balton Way |
Mar 2024 | Other theft | Under investigation | On or near Balton Way |
Apr 2024 | Anti-social behaviour | On or near Arderne Close | |
Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Long Meadows |