£246,468
This estimated value is based upon the latest sale price for the house of £59,000 on 22 Oct 1999. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£59,000 | 22 Oct 1999 |
Semi-Detached |
Freehold |
Floor Area: 71 sq meters or 764 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 October 1999 the House Price Index for ESSEX was 35.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 317.743%.Applying this 317.743% change to the original purchase price of £59,000 results in an estimated price of approximately £246,468.
22 Oct 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
35.8 | 149.7 | 317.743 % | £59,000 | £187,468 | £246,468 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 257.265 % | £151,786 | £210,786 |
3 Month Average | 254.531 % | £150,173 | £209,173 |
6 Month Average | 273.325 % | £161,261 | £220,261 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Mar 2023 | £221,702 | £218,000 | 16 WALNUT WAY |
2 Aug 2022 | £195,916 | £195,000 | 30 ALMOND CLOSE |
19 May 2022 | £225,885 | £220,000 | ROSEDENE RUSH GREEN ROAD |
14 Apr 2022 | £197,110 | £190,000 | 9 WALNUT WAY |
22 Feb 2022 | £216,574 | £205,000 | 121 STANLEY ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 7 Jun 2021. Using an estimated price of £246,468 means this house is valued at £3,471 per sq meter (£322 per sq foot).
The average size of a house on STANLEY ROAD is 73 sq meters (793 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Under investigation | On or near Walnut Way |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Walnut Way |
Jun 2024 | Other crime | Under investigation | On or near Walnut Way |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Poplar Close |
Apr 2024 | Other theft | Under investigation | On or near Poplar Close |