£151,467
This estimated value is based upon the latest sale price for the house of £116,000 on 31 Mar 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£116,000 | 31 Mar 2017 |
£86,000 | 12 Dec 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 581 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 March 2017 the House Price Index for ESSEX was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £116,000 results in an estimated price of approximately £151,467.
31 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.6 | 149.7 | 30.575 % | £116,000 | £35,467 | £151,467 |
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 | -3.500 % | £-4,059 | £111,940 |
3 Month Average | 20.787 % | £24,113 | £140,113 |
6 Month Average | 18.875 % | £21,895 | £137,895 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £170,231 | £165,000 | 52 FLATFORD DRIVE |
8 Dec 2023 | £247,609 | £240,000 | 441 ST JOHNS ROAD |
22 Nov 2023 | £282,162 | £275,000 | 104 CLOES LANE |
17 Oct 2023 | £209,764 | £205,000 | 425 ST JOHNS ROAD |
13 Oct 2023 | £252,740 | £247,000 | 31 DEDHAM AVENUE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 13 Dec 2019. Using an estimated price of £151,467 means this house is valued at £2,804 per sq meter (£260 per sq foot).
The average size of a house on FLATFORD DRIVE is 80 sq meters (863 sq feet).
This house is the smallest in the street with a floor area of 54 sq meters (581 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Waterworks Drive | |
Jul 2024 | Robbery | Under investigation | On or near Waterworks Drive |
Jul 2024 | Public order | Under investigation | On or near Waterworks Drive |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waterworks Drive |
Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Waterworks Drive |