£224,989
This estimated value is based upon the latest sale price for the house of £210,000 on 9 Dec 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£210,000 | 9 Dec 2021 |
£172,500 | 31 Mar 2017 |
£139,995 | 29 Jun 2012 |
Terraced |
Freehold |
Floor Area: 61 sq meters or 656 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 2021 the House Price Index for ESSEX was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £210,000 results in an estimated price of approximately £224,989.
9 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 148.6 | 7.138 % | £210,000 | £14,989 | £224,989 |
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 | 18.177 % | £38,172 | £248,172 |
3 Month Average | -1.655 % | £-3,475 | £206,524 |
6 Month Average | -4.128 % | £-8,668 | £201,331 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £237,074 | £235,000 | 69 CROSS ROAD |
18 Aug 2023 | £201,765 | £200,000 | 1 GRIER WAY |
4 Aug 2023 | £242,118 | £240,000 | 12 GLOVER CLOSE |
20 Oct 2022 | £316,591 | £320,000 | 7 NICHOLLS WAY |
9 Sep 2022 | £262,877 | £265,000 | 101 LEGERTON DRIVE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 21 Jun 2012. Using an estimated price of £224,989 means this house is valued at £3,688 per sq meter (£342 per sq foot).
The average size of a house on LEGERTON DRIVE is 83 sq meters (898 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cleave Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grier Way |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Grier Way |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grier Way |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grier Way |