£330,415
This estimated value is based upon the latest sale price for the house of £285,000 on 27 Nov 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £285,000 | 27 Nov 2020 |
| £162,500 | 8 Mar 2002 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 2020 the House Price Index for ESSEX was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £285,000 results in an estimated price of approximately £330,415.
| 27 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £285,000 | £45,415 | £330,415 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | 8.194 % | £23,351 | £308,351 |
| 3 Month Average | 20.808 % | £59,303 | £344,303 |
| 6 Month Average | 22.432 % | £63,932 | £348,932 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £373,023 | £367,500 | 44 COLUMBINE GARDENS |
| 8 Sep 2023 | £395,051 | £390,000 | 108 BUTCHERS LANE |
| 23 Mar 2022 | £248,703 | £240,000 | 209 WALTON ROAD |
| 25 Jan 2022 | £303,088 | £287,995 | 197 WALTON ROAD |
| 14 Jan 2022 | £342,033 | £325,000 | 51 COLUMBINE GARDENS |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 4 Mar 2019. Using an estimated price of £330,416 means this house is valued at £3,088 per sq meter (£286 per sq foot).
The average size of a house on WALTON ROAD is 84 sq meters (907 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Columbine Gardens |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Columbine Gardens |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Columbine Gardens |
| Apr 2024 | Vehicle crime | Under investigation | On or near Brambles |
| Apr 2024 | Drugs | Local resolution | On or near B1336 |