£594,980
This estimated value is based upon the latest sale price for the house of £485,000 on 13 Dec 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £485,000 | 13 Dec 2019 |
| Detached |
| Freehold |
| Floor Area: 161 sq meters or 1,732 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 December 2019 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £485,000 results in an estimated price of approximately £594,980.
| 13 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £485,000 | £109,980 | £594,980 |
The Postcode Pricing Model uses changes in average sales price within the CO13 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 | 64.111 % | £310,939 | £795,939 |
| 3 Month Average | -6.853 % | £-33,235 | £451,764 |
| 6 Month Average | 0.848 % | £4,111 | £489,111 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £130,000 | £130,000 | FLAT 1 HAMMOND COURT CONNAUGHT AVENUE |
| 13 Mar 2024 | £127,500 | £127,500 | FLAT 35 HAMMOND COURT CONNAUGHT AVENUE |
| 18 Dec 2023 | £69,211 | £68,000 | FLAT 33 HAMMOND COURT CONNAUGHT AVENUE |
| 6 Dec 2023 | £147,582 | £145,000 | FLAT 5 THE WILLOWS GREENWAY |
| 6 Dec 2023 | £167,938 | £165,000 | FLAT 6 HAMMOND COURT CONNAUGHT AVENUE |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 3 Jun 2015. Using an estimated price of £594,981 means this house is valued at £3,695 per sq meter (£343 per sq foot).
The average size of a house on CONNAUGHT AVENUE is 80 sq meters (871 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greenway |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greenway |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Upper Fourth Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shopping Area |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |