£274,469
This estimated value is based upon the latest sale price for the house of £161,000 on 14 Nov 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£161,000 | 14 Nov 2012 |
£188,000 | 18 Apr 2007 |
£158,000 | 23 Mar 2005 |
£140,000 | 23 Aug 2002 |
£73,000 | 3 Sep 1999 |
Semi-Detached |
Freehold |
Floor Area: 85 sq meters or 914 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 November 2012 the House Price Index for ESSEX was 87.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.478%.Applying this 70.478% change to the original purchase price of £161,000 results in an estimated price of approximately £274,469.
14 Nov 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.8 | 149.7 | 70.478 % | £161,000 | £113,469 | £274,469 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | 11.053 % | £17,794 | £178,794 |
3 Month Average | 48.478 % | £78,048 | £239,048 |
6 Month Average | 42.609 % | £68,600 | £229,600 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Oct 2023 | £312,088 | £305,000 | 136 COWDRAY AVENUE |
28 Sep 2023 | £327,213 | £320,000 | 32 WAKEFIELD CLOSE |
19 Jun 2023 | £273,481 | £268,000 | 13 MEANDER MEWS |
30 Aug 2022 | £301,409 | £300,000 | 1 WAKEFIELD CLOSE |
24 Aug 2022 | £366,715 | £365,000 | 79 GUILDFORD ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 31 Mar 2016. Using an estimated price of £274,470 means this house is valued at £3,229 per sq meter (£299 per sq foot).
The average size of a house on COWDRAY AVENUE is 86 sq meters (932 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Cowdray Avenue |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cowdray Avenue |
Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Cowdray Avenue |
Jul 2024 | Anti-social behaviour | On or near Cowdray Avenue | |
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Cowdray Avenue |