£309,242
This estimated value is based upon the latest sale price for the house of £189,000 on 4 Oct 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £189,000 | 4 Oct 2013 |
| £187,000 | 25 Nov 2011 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,182 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 2013 the House Price Index for ESSEX was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £189,000 results in an estimated price of approximately £309,242.
| 4 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 148.6 | 63.621 % | £189,000 | £120,242 | £309,242 |
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 | 69.279 % | £130,937 | £319,937 |
| 3 Month Average | 56.625 % | £107,020 | £296,020 |
| 6 Month Average | 52.127 % | £98,519 | £287,519 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £390,227 | £385,500 | 26 PEVENSEY DRIVE |
| 27 Mar 2023 | £323,043 | £320,000 | 16 PEVENSEY DRIVE |
| 24 Mar 2023 | £242,283 | £240,000 | 9 WORTHING MEWS |
| 28 Oct 2022 | £371,005 | £375,000 | 46 WEST ROAD |
| 18 Jul 2022 | £386,039 | £385,000 | 1 SANDWICH ROAD |
This house has a floor area of 109 sq meters or 1,182 sq feet when measured on 12 Jul 2011. Using an estimated price of £309,243 means this house is valued at £2,813 per sq meter (£261 per sq foot).
The average size of a house on PEVENSEY DRIVE is 115 sq meters (1,245 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Possession of weapons | Under investigation | On or near West Road |
| Feb 2024 | Other crime | Further investigation is not in the public interest | On or near West Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near West Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Dover Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Portsmouth Road |