£195,554
This estimated value is based upon the latest sale price for the house of £116,000 on 3 May 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£116,000 | 3 May 2013 |
£48,500 | 2 Jun 1995 |
Semi-Detached |
Freehold |
Floor Area: 59 sq meters or 635 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 May 2013 the House Price Index for ESSEX was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.581%.Applying this 68.581% change to the original purchase price of £116,000 results in an estimated price of approximately £195,554.
3 May 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.8 | 149.7 | 68.581 % | £116,000 | £79,554 | £195,554 |
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 | 58.712 % | £68,105 | £184,105 |
3 Month Average | 62.664 % | £72,690 | £188,690 |
6 Month Average | 65.469 % | £75,944 | £191,944 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £246,251 | £240,000 | 32 RAVENSDALE |
10 Nov 2023 | £271,902 | £265,000 | 12 PEREGRINE CLOSE |
22 Sep 2023 | £265,861 | £260,000 | 24 RAVENSDALE |
6 Jun 2023 | £224,499 | £220,000 | 26 PEREGRINE CLOSE |
3 Feb 2023 | £296,984 | £295,000 | 7 FALCON WAY |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 15 May 2012. Using an estimated price of £195,554 means this house is valued at £3,314 per sq meter (£307 per sq foot).
The average size of a house on RAVENSDALE is 81 sq meters (874 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Toucan Way |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Falcon Way |
Jul 2024 | Public order | Under investigation | On or near Swallowdale |
Jun 2024 | Anti-social behaviour | On or near Swallowdale | |
Jun 2024 | Anti-social behaviour | On or near Swallowdale |