£496,342
This estimated value is based upon the latest sale price for the house of £420,000 on 12 Oct 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£420,000 | 12 Oct 2020 |
£270,000 | 14 Oct 2010 |
Detached |
Freehold |
Floor Area: 129 sq meters or 1,388 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 2020 the House Price Index for ESSEX was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £420,000 results in an estimated price of approximately £496,342.
12 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £420,000 | £76,342 | £496,342 |
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 | -32.115 % | £-134,882 | £285,117 |
3 Month Average | 2.145 % | £9,010 | £429,010 |
6 Month Average | 4.870 % | £20,454 | £440,454 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £287,293 | £280,000 | 50 WALDEN WAY |
1 Nov 2023 | £338,595 | £330,000 | 76 WALTON ROAD |
2 Oct 2023 | £347,902 | £340,000 | 49 WALTON ROAD |
9 Jun 2023 | £306,084 | £299,950 | 66 WALDEN WAY |
30 Jan 2023 | £323,364 | £322,500 | 34 WALDEN WAY |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 1 May 2015. Using an estimated price of £496,342 means this house is valued at £3,847 per sq meter (£357 per sq foot).
The average size of a house on HERONSGATE is 165 sq meters (1,780 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bardfield Way |
Apr 2024 | Anti-social behaviour | On or near Bardfield Way | |
Apr 2024 | Anti-social behaviour | On or near Bardfield Way | |
Apr 2024 | Anti-social behaviour | On or near Bardfield Way | |
Apr 2024 | Anti-social behaviour | On or near Bardfield Way |